<SEC-DOCUMENT>0001292814-19-000358.txt : 20190214
<SEC-HEADER>0001292814-19-000358.hdr.sgml : 20190214
<ACCEPTANCE-DATETIME>20190214110500
ACCESSION NUMBER:		0001292814-19-000358
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20181231
FILED AS OF DATE:		20190214
DATE AS OF CHANGE:		20190214

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:		19602644

	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>amxpr4q18-6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>

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   <TITLE>amxpr4q18-6k.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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 <BR>

<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>

<DIV align=center>

<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of&nbsp;February, 2019</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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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV></DIV>

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<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 5pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Am&#233;rica M&#243;vil&#8217;s fourth quarter of <BR>2018 financial and operating report</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 120%" color=black face=asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><I><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 120%" color=#4c4c4c face=asap>Mexico City, February 12<SUP>th</SUP>, 2019 - 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 fourth quarter of 2018. </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=symbol></FONT>&nbsp;</P>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>We gained 1.5 million postpaid subscribers in the fourth quarter, including 1.2 million in Brazil, and nearly 200 thousand in Mexico. Our postpaid base increased 7.2% year-on-year. Prepaid net subscriber gains accelerated sharply in Mexico, Colombia, the Argentinean block and the U.S. form the prior quarter, while postpaid gains did so in Brazil.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Fixed-broadband is still the main driver on the fixed-line platform; we connected 590 thousand new accesses, a 5.6% increase.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Revenues of 262 billion pesos were nearly flat in Mexican peso terms from the year-earlier quarter. At constant exchange rates, service revenues expanded 3.0%, roughly the same pace observed the prior quarter.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Fixed-broadband and mobile postpaid were the main drivers of revenue growth, increasing 9.5% and 7.9%, respectively, followed by mobile prepaid revenues, up 3.2%. PayTV revenues were down 2.5%.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <TD vAlign=top width="97%">

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>EBITDA came in at 70.6 billion pesos in the quarter and remained practically unchanged relative to last year in Mexican peso terms, whereas at constant exchange rates, it rose 6.8%. </FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Our operating profit increased by 25.6% to 35.9 billion pesos, partly on account of reduced depreciation charges in Brazil.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Comprehensive financing costs declined 68% over the year to 12.1 billion pesos. This reduction arises from the release of provisions in Brazil related to a tax dispute that was resolved favorably.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>We obtained a net profit of 9.5 billion pesos in the quarter, bringing the total for the year to 45.7 billion pesos, up 8.4%.</FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>Our cash flow covered our capital expenditures of 152 billion pesos and allowed us to significantly reduce our liabilities, funneling 41.6 billion pesos to the amortization of financial debt and 14.3 billion pesos to pension obligations. </FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT size=2></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" color=#000000 face=Asap>At year-end our net debt stood at 568.2 billion pesos; it was equivalent to 1.88 times the year&#8217;s EBITDA.</FONT></P></TD></TR></TABLE></DIV>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" colSpan=4 align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Subsidiaries as of December 2018</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 5.669pt" align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Country</FONT></TD>

   <TD align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brand</FONT></TD>

   <TD align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Business</FONT></TD>

   <TD align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Equity</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Participation</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telcel</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Secci&#243;n Amarilla</FONT><FONT size=1><FONT><FONT></FONT></FONT></FONT><SUP><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telvista</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>other</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>90.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>98.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT><FONT size=1><FONT><FONT><FONT></FONT></FONT></FONT></FONT><SUP><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telmex</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Costa Rica</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dominicana</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>El Salvador</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>95.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Guatemala</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Honduras</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Nicaragua</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>99.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Panama</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Paraguay</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Puerto Rico</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Uruguay</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Claro</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Tracfone</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Netherlands</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>KPN</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>16.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 5.669pt" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Telekom Austria</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>wireless/wireline</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" colSpan=4 align=left><I><FONT color=#4d4d4d size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Equity Participation of TEINTL of which Am&#233;rica M&#243;vil owns 100%.</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Relevant Events</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>On January 24th, we entered into an agreement to acquire 100% of Telef&#243;nica M&#243;viles Guatemala at a price of US$333 million and 99.3% of Telef&#243;nica M&#243;viles El Salvador for US$315 million. The acquisition of Guatemala has been completed; that of El Salvador is awaiting regulatory approval. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_3"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<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="100%" colSpan=3 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil Fundamentals (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Earnings per Share (Mex$) </FONT><FONT size=2><FONT></FONT></FONT><SUP><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.14</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.16</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Earning per ADR (US$) </FONT><FONT size=2><FONT></FONT></FONT><SUP><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.15</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.17</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per Share (Mex$) </FONT><FONT size=2><FONT></FONT></FONT><SUP><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(3)</FONT></SUP></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.07</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.07</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EBITDA per ADR (US$)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.08</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.13</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income (millions of Mex$)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9,518</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10,563</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average Shares Outstanding (billion)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66.04</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66.07</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Net Income / Average Shares Outstanding</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) 20 shares per ADR</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(3) EBITDA / Average Shares Outstanding</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Access Lines</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base comprised 75.7 million postpaid clients at year-end and just over 200 million prepaid subs. The former figure rose 7.2% year-on-year while the latter declined 4.0%. Net additions in the contract segment totaled 1.5 million subs and include 1.2 million in Brazil and almost 200 thousand in Mexico. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Prepaid net subscriber gains accelerated sharply in Mexico, Colombia, the Argentinean block and the U.S. from the prior quarter, with 547 thousand in Mexico, 398 thousand in Colombia, 90 thousand in the Argentinean block and 66 thousand in the U.S. (excluding Safelink). In Brazil and Central America we had a subscriber clean up, which explains the net loss of 5.1 million prepaid subs in the quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed RGUs increased 1.5% driven by broadband services as we connected 590 thousand new accesses. They were up 5.6% year-on-year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="45%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD width="100%" colSpan=6 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Subscribers as of December 2018</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" colSpan=5 align=center><FONT size=2>&nbsp;<STRONG><FONT face=Arial>Total</FONT></STRONG><B><SUP><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1) </FONT></SUP></B><FONT face=Asap-Regular,Arial,Helvetica,sans-serif>(Thousands)</FONT> </FONT><FONT face=Asap-Regular,Arial,Helvetica,sans-serif></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Country</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec &#8217;18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep &#8217;18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec &#8217;17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,264</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,130</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24,091</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,000</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,099</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,658</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>56,416</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>58,954</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>59,022</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,364</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,954</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,927</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,887</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,809</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,637</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,707</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,823</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,985</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,681</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,233</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29,353</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,246</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,160</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,960</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>75,448</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>74,704</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>73,855</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,098</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,710</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,392</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>USA</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,688</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,793</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,132</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Wireless Lines</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>275,798</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>279,369</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>279,013</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=6 noWrap align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(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 consolidated.</FONT></I></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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   <TD width="11%"></TD>

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   <TD width="100%" colSpan=6 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed-Line and Other Accesses (RGUs) as of December 2018</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="55%" colSpan=5 align=center><FONT size=2>&nbsp;<STRONG><FONT face=Arial>Total</FONT></STRONG><B><SUP><FONT face=Asap-Bold,Arial,Helvetica,sans-serif>(1) </FONT></SUP></B><FONT face=Asap-Regular,Arial,Helvetica,sans-serif>(Thousands)</FONT> </FONT><FONT face=Asap-Regular,Arial,Helvetica,sans-serif></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="45%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Country</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec &#8217;18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Sep &#8217;18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec &#8217;17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay and Uruguay</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>775</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>743</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>670</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,261</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,182</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,036</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,285</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,602</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,904</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,465</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,121</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,811</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,546</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,571</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,700</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,424</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,399</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,354</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,171</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,074</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,753</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>384</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>378</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>367</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,337</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,801</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,851</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,472</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,460</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,398</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="45%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total RGUs</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>84,120</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,333</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.9%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>82,844</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.5%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=6 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) Fixed Line, Broadband and Television (Cable &amp; DTH).</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Am&#233;rica M&#243;vil Consolidated Results</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In the fourth quarter, amid continued economic expansion in the U.S. and strong employments gains, renewed fears about impending interest rate increases by the Fed surfaced again leading to a significant depreciation of equities and other financial assets and to the strengthening of the dollar against most currencies. Other than the Brazilian real, that recovered by nearly 4% from its election-driven lows, all other currencies in Latin America were down vs. the U.S. dollar, with the Colombian peso falling on average 6.4% from the previous quarter and the Mexican peso 4.1%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Revenues of 262 billion pesos were nearly flat in Mexican peso terms from the year-earlier quarter. At constant exchange rates, service revenues expanded 3.0%, roughly the same pace observed the prior quarter, as the acceleration of service-revenue growth in Colombia, the U.S. and Argentina was compensated by a slight deceleration in Brazil and Mexico, stemming from aggressive holiday promotions that included large allotments of data and airtime. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Mobile service revenues accelerated in the U.S.&#8212;it was their best performance in at least six quarters&#8212; Argentina and the Dominican Republic. On the fixed-line platform, Colombia, Chile and Ecuador maintained their positive trend. Brazil&#8217;s, while still slightly negative, improved from the prior quarters, but this was not the case in Mexico.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed-broadband and mobile postpaid were the main drivers of revenue growth, increasing 9.5% and 7.9%, respectively, followed by mobile prepaid revenues, up 3.2%. On the other hand, PayTV revenues were down 2.5% .</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA came in at 70.6 billion pesos in the quarter. As with service revenues, EBITDA was almost flat year-on-year in Mexican peso terms, whereas at constant exchange rates, it rose 6.8%. The latter figure includes the net effect of the release of certain provisions in Brazil and some new charges in Central America. Correcting for one-off moves, EBITDA increased by 6.1%, slightly less than it had the prior quarter when correcting for one-off moves. Greater commercial dynamism in certain countries including Mexico, Brazil, Colombia and the U.S. ended up dampening the expansion of EBITDA relative to the third quarter.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operating profit increased by 25.6% to 35.9 billion pesos, partly reflecting reduced depreciation charges in Brazil stemming from a thorough revision of the useful lives of various assets. Our comprehensive financing costs were down 68% from the year-earlier quarter to 12.1 billion pesos. This reduction arises from the release of provisions in Brazil linked to the judicial resolution of tax disputes in which our old subsidiary Embratel had claimed that PIS-Cofins taxes should not be considered as part of the base for the computation of the ICMS value-added taxes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We obtained a net profit of 9.5 billion pesos in the quarter, bringing the total for the year to 45.7 billion pesos, 8.4% more than a year before.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT size=2></FONT>&nbsp;</P>

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<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

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   <TD width="11%"></TD>

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Income Statement (in accordance with IFRS) </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican pesos</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17*</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>217,163</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>220,920</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>867,765</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>878,411</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>44,812</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>42,939</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>4.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>155,099</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>143,222</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>8.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>261,975</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>263,859</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>1,022,864</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>1,021,634</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>0.1%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Service</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>81,540</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>81,463</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>324,827</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>326,181</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Equipment</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51,454</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>49,540</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>177,283</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>170,154</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>4.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Selling, General &amp; Administrative Expenses</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>58,298</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>59,718</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>226,715</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>238,883</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>66</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2,594</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-97.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>8,428</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>7,549</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>11.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Costs and Expenses</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>191,358</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>193,314</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>737,253</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>742,768</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>70,618</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>70,544</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>0.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>285,611</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>278,866</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>2.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>27.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>26.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>27.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>27.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Depreciation &amp; Amortization</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>34,744</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>41,984</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-17.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>151,995</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>160,175</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>35,874</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>28,560</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>25.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>133,616</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>118,691</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>12.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>13.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>10.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>11.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Interest Expense</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1,344</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>7,080</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-81.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>20,948</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>27,375</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-23.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Financial Expenses</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-5,255</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-6,995</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>24.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>14,624</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>1,944</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>n.m.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Foreign Exchange Loss</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>15,998</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>37,244</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-57.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>4,538</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>13,819</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-67.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Comprehensive Financing Cost (Income)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>12,087</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>37,329</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-67.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>40,109</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>43,138</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Income &amp; Deferred Taxes</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>13,998</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2,131</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>n.m.</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>45,895</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>30,691</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>49.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>

   <P><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income before Minority</FONT></P></FONT></TD>

   <TD width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="34%" align=left>

   <P><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Interest and Equity Participation in Results</FONT></P></TD>

   <TD width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>9,788</FONT></TD>

   <TD width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-10,899</FONT></TD>

   <TD width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>189.8%</FONT></TD>

   <TD width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>47,611</FONT></TD>

   <TD width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>44,862</FONT></TD>

   <TD width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>6.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>

   <P><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>of Affiliates</FONT></P></FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Equity Participation in Results of Affiliates</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>24</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>10</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>129.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>0</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>91</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-99.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Minority Interest</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-293</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>326</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-189.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-1,951</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-2,829</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>31.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Income</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>9,518</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-10,563</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>190.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>45,661</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>42,124</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>8.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*2017 figures do not include the expense item associated with the arbitrage ruling in Colombia paid in August.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>All figures exclude the effect of IFRS 15 for comparison purposes.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 9.943pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>n.m. Not meaningful</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our capital expenditures totaled 152 billion pesos throughout 2018 whereas our overall shareholder distributions&#8212;share buybacks and net dividend payments&#8212;totaled 21.0 billion pesos. We directed a significant part of our cash flow to the reduction of liabilities, funneling a total of 14.3 billion pesos to pension obligations and 41.6 billion pesos to our net debt. Altogether, and after taking into account foreign exchange variations on the peso value of our outstanding obligations, our net debt came down by 46.2 billion pesos from the close of 2017, to 568.2 billion pesos, equivalent to 1.88 times the year&#8217;s EBITDA.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=9 align=left><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Balance Sheet (in accordance with IFRS) - Am&#233;rica M&#243;vil Consolidated </FONT><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Mexican Pesos</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Assets</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Cash, Marketable</FONT></TD>

   <TD vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=middle width="4%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=middle width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Securities &amp; Other Short</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>70,676</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>83,391</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-15.2%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>96,231</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>51,746</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>86.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Term Ivestments</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Receivable</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>195,982</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>201,814</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.9%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Payable</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>298,761</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>291,029</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>20,439</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>18,221</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>12.2%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=1 face=Arial>Other Current Liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>78,048</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>70,562</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>10.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Inventories</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>39,864</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>38,810</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>2.7%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>473,040</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>413,336</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>14.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>326,961</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>342,235</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.5%</FONT></B></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=1>&nbsp;</FONT></TD></TR>

<TR>

   <TD width="100%" colSpan=9><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Assets</FONT></I></TD>

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

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

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

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 0pt" width="21%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I></TD>

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

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

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Plant &amp; Equipment</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>629,088</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>676,343</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.0%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 0pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>542,692</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>646,139</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-16.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Investments in Affiliates</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,133</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>3,735</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-16.1%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 0pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>158,619</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>166,103</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

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

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

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

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>701,311</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>812,242</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-13.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><I><FONT size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>Deferred Assets</FONT></I></TD>

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

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

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

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=left><FONT size=1>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

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

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

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Goodwill (Net)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>145,566</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>151,463</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.9%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

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

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

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

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Intangible Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>100,338</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>123,242</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-18.6%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 0pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>208,286</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>260,634</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-20.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="21%" align=left><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Deferred Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>177,551</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>189,193</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.2%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=1>&nbsp;</FONT></TD>

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

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

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

<TR>

   <TD width="100%" colSpan=9><FONT size=1>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" vAlign=middle width="21%" align=left><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>1,382,637</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.0%</FONT></B></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><STRONG><FONT color=#007399 size=1 face=Arial>Total Liabilities and Equity</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>1,382,637</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=9 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>All figures exclude the effect of IFRS 15 for comparison purposes. </FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=9 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Includes current portion of Long Term Debt.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<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="100%" colSpan=3 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Financial Debt of Am&#233;rica M&#243;vil* </FONT><FONT color=#4d4d4d size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="70%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec -18</FONT><FONT size=2></FONT><SUP><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(2)</FONT></SUP></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec -17</FONT><FONT size=2></FONT><SUP><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(1)</FONT></SUP></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peso - denominated debt </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>72,501</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,192</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>68,001</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>70,692</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,500</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,500</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>U.S. Dollar - denominated debt </FONT></B><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=1>(USD)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9,947</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,084</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,353</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,353</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>594</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>732</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Euro - denominated Debt </FONT></B><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=1>(EUR)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11,281</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,164</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,036</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,164</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>245</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Sterling - denominated Debt </FONT></B><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=1>(GBP)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,750</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,750</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Reais - denominated Debt </FONT></B><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=1>(BRL)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,480</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,234</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,475</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,500</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 12.823pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>734</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Debt denominated in other currencies </FONT></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14,203</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,864</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Bonds and other securities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,240</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,765</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="70%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Banks and others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,963</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>99</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Debt </FONT></B><FONT color=#4d4d4d size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>638,922</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>712,137</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" noWrap align=left><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif><STRONG><FONT size=2>Cash, Marketable Securities and Short Term Financial </FONT></STRONG><FONT size=2><STRONG>Investments </STRONG><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=2>(MxP)</FONT></FONT></FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>70,676</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>83,391</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="70%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Debt </FONT></B><FONT color=#4d4d4d size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>(MxP)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>568,246</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="15%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>628,746</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*This table does not include the effect of forwards and derivatives used to hedge the foreign exchange exposure.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="100%" colSpan=3 align=left>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>The debt figures include the face value amount of the outstanding Am&#233;rica M&#243;vil hybrid bonds (1,450M euros and 550M sterling) and includes 600 million euros of Telekom Austria hybrid bonds. In prior tables Telekom Austria hybrid bond had been presented as equity and did not appear as debt.</FONT></I></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=3 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(2) </FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>On February 2018, TKA called its 600 million euro hybrid bond and on September AMX called its 900 million euro hybrid bond.</FONT></I></TD></TR></TABLE>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_7"></A>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 5pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Mexico</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We added 744 thousand net mobile subscribers, 38% more than in the year-earlier quarter, to finish the year with 75.4 million mobile subscribers. Postpaid net adds came in at 197 thousand subscribers, bringing our postpaid base up 5.8 in the period. Prepaid net additions of 547 thousand were 63% higher than a year before. On the fixed-line platform RGUs totaled 22.3 million&#8212;a 2.2% year-on-year increase&#8212;after adding 248 thousand broadband subscribers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fourth quarter revenues were up 5.3% to 75.8 billion pesos, with mobile service revenues expanding 7.6% even though Christmas promotions had considerable allotments of data and airtime. On the prepaid segment, revenues accelerated to a pace of 7.6% whereas postpaid revenues maintained their trend, expanding 6.6% year-on-year. Mobile ARPU reached 150 pesos and was up 5.7% in the period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed-line service revenues decreased 5.1% on the back of an 11% reduction in international long-distance revenue and a 25.9% decline in interconnection revenues. On the other hand, fixed broadband revenues were up 0.8% and corporate network revenues, 3.1%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA rose 3.3% from the year-earlier quarter to 23.9 billion pesos. Relative to total revenues, the EBITDA margin was slightly off, 0.6 percentage points, to 31.5% but this effect was mostly to do with the notable increase in equipment revenues in the quarter, partly reflecting the sales of TVs and other electronic device through Telmex. Relative to service revenues, the EBITDA margin actually rose by 0.3 percentage points. The EBITDA margin for the full year rose 1.4 percentage points.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We continue to benefit from mobile number portability as Telcel remains the leader in coverage, quality and technology. In 2018, we launched our 4.5G network&#8212;the only 4.5G Network in the country&#8212;that covers 74 cities offering the best customer experience.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) </FONT><FONT size=2><B><FONT color=#4dd9ff face=Asap-Bold,Arial,Helvetica,sans-serif>- </FONT></B><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Mexico </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of MxP</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>75,827</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>72,036</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>285,266</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>267,586</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>53,542</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>51,932</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>212,488</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>202,993</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>54,164</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49,770</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>199,040</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>177,855</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33,607</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31,225</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>131,506</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>119,973</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,231</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18,489</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66,418</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>57,362</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,663</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,266</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>86,226</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>89,731</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,865</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,097</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>94,624</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>84,996</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11.3%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,137</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15,535</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>65,462</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>55,195</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>18.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_8"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Mexico Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>75,448</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>73,855</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,512</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,766</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>61,936</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>61,090</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>526</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>494</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (MxP)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>150</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>142</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.4%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.1)</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>22,337</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,851</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Lines</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,715</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,584</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Broadband</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,622</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,267</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line and Broadband.</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 5pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 16pt; LINE-HEIGHT: 18pt" color=#007298 face=Asap>Argentina, Paraguay and Uruguay</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We gained 135 thousand net additions in the fourth quarter&#8212;48.1% more than in the prior year&#8212;to finish December with 24.3 million wireless subscribers, up 0.7%. On the postpaid segment our base grew 3.0% annually, after postpaid net additions of 45 thousand in the period. We also had 775 thousand fixed RGUs, an increase of 15.7% year-on-year driven by broadband accesses that were up 29.7%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fourth quarter revenues of 19.1 billion Argentinean pesos were 36.9% higher than in the year-earlier quarter, with service revenues rising 39.2%. Equipment revenues rose 28.2% over the year. Although from a small base, fixed line revenues more than doubled on the back of strong demand from both corporate and residential clients. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA increased 41.7% year-on-year to 6.5 billion Argentinean pesos. We have been very focused on containing costs in the face of rising inflation and managed to post a 1.1 percentage points increase in our EBITDA margin that reached 33.9%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We continue with the rollout of 4G -LTE networks to offer the best coverage, quality and speed. We have been investing heavily on the deployment of fiber to provide top line convergent solutions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of ARP</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>19,092</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,943</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>36.9%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>65,987</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>49,700</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>32.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,394</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,058</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>53,144</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40,792</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17,393</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,151</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>61,061</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46,723</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,644</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10,259</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48,119</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37,769</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,698</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,885</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,844</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,908</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>44.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,854</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>864</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>114.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,411</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,241</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,473</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,569</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>41.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17,188</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,045</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,518</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>43.4%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>18,098</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13,341</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_9"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Argentina, Paraguay &amp; Uruguay Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24,264</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24,091</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,466</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,394</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,799</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,697</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>78</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>86</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ARP)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>187</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>140</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>33.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.0</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>775</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>670</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Brazil</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Leading market share growth in the postpaid segment, Claro added 1.2 million mobile postpaid subs in the quarter to end the year with 23.5 million postpaid clients, 15.6% more than at the end of 2017. Brazil was our best performer in the development of a greater postpaid mobile subscriber base. In the same period we disconnected 3.8 million prepaid subs. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>On the fixed-line platform we ended 2018 with 35.3 million RGUs after adding 82 thousand broadband clients and disconnecting 175 thousand voice and 224 thousand PayTV clients, mostly DTH.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our revenues totaled 9.0 billion reais in the quarter, 0.8% more than a year before, as mobile service revenues expanded 7.3% and fixed-line service revenues declined by 1.3% from the year-earlier quarter&#8212;less than they had fallen in at least five quarters&#8212;as the effects of the country&#8217;s long economic recession are slowly left behind. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>The most dynamic business line was fixed-broadband, which posted 15.3% revenue growth as Net Servi&#231;os continued to grow steadily; in the ultrabroadband market we captured 61.9% of the market&#8217;s new accesses. Then came mobile postpaid revenues, up 11.2% and prepaid revenues inching up 1.5% after a long period of stagnation&#8212;also a sign of the economic recovery. Altogether mobile ARPU rose 10.3% from the year before, to 17 reais. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>At 2.9 billion reais, EBITDA was up 7.7% year-on-year, with the EBITDA margin increasing to 32.2% from 30.1% in the year-earlier quarter. The latter increase was driven partly by the release of provisions associated with tax disputes of our old subsidiary Embratel. Correcting for this, our EBITDA margin would have been 30.7% in the quarter, 0.6 percentage points higher than a year before. For the full year 2018 the EBITDA margin increased 1.4 percentage points in relation to the prior year.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>We hit a record high on mobile number portability for postpaids in the fourth quarter. Claro is attracting high value customers with top convergent solutions running on the fastest network in Brazil. Our networks offer the greatest 4G and 4.5G coverage in the country.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_10"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Brazil </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of BrL</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9,010</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,937</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,655</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,478</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.5%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,815</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,769</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,041</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34,864</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,264</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,051</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,673</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,674</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,069</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,860</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,062</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11,017</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>195</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>168</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>614</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>614</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,746</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,887</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,982</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,805</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,898</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,689</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11,333</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,130</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,175</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>577</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>103.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3,281</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,484</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>121.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 noWrap align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*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 style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Brazil Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>56,416</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>59,022</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23,506</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>20,335</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32,910</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38,687</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-14.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><FONT size=2></FONT><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>118</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>103</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (BrL)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>17</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10.3%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.0</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,285</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,904</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.<BR></FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></P></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Chile</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>We ended the year with 6.7 million wireless subscribers, 4.0% less than a year before after net disconnections of 165 thousand prepaid subs. Conversely, our contract base rose 9.6%. Fixed-line RGUs came in at 1.4 million, up 5.2% with broadband accesses rising 8.0%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues declined 3.0% as compared to the prior year, to 221 million Chilean pesos, with service revenues falling 0.7%. Wireless service revenues declined 4.4% pulled down by prepaid revenues that plummeted from the year-earlier quarter. Competition in the prepaid segment intensified in the second half of 2018 and peaked in the Christmas season. On the postpaid segment we have introduced some unique features in our plans and have been able to maintain stable revenues.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fixed-line revenues increased 5.3% on an annual basis and now represent almost 40% of the total. We have seen very solid growth on the corporate segment offering cloud services and tailor-made solutions. On the residential division we resumed the build out of homes-passed in 2018, which has enabled us to grow broadband revenues by 3.1% and PayTV revenues by 1.7%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA rose 9.8% year-over-year and reached 38.6 billion Chilean pesos. The EBITDA margin stood at 17.4%, two percentage points higher than the prior year. In a very competitive environment, we continue to focus our efforts on controlling costs and generating operating efficiencies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LETTER-SPACING: 0.1pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Chile </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of ChPL</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>221,240</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>227,982</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>843,905</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>851,278</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>190,077</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>191,466</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>760,998</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>746,117</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>144,545</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>155,164</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>544,945</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>565,408</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>113,056</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>118,221</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>461,239</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>459,790</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31,162</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>36,516</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-14.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>82,907</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>105,161</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-21.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>76,695</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>72,818</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>298,960</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>285,869</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>38,568</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>35,117</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>151,726</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>123,252</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23.1%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-18,229</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-19,194</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-75,351</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-89,884</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*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 style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Chile Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,707</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,985</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,080</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,897</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,627</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,088</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-9.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>176</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>174</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (ChP)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,554</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,841</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.1</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,424</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,354</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Colombia</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our wireless subscriber base rose 1.1% annually to reach 29.7 million subs at year-end. We added 448 thousand subs including 50 thousand contract clients taking our postpaid base up 3.7%. Fixed RGUs came in at 7.2 million&#8212;6.2% more than last year&#8212;after connecting 34 thousand new broadband accesses and 23 thousand PayTV units.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fourth quarter revenues grew 2.8% year-on-year to nearly three trillion Colombian pesos. Service revenues rose 2.4% on the back of fixed service revenues&#8212;which account for 37% of the total&#8212;that expanded 8.6%. Fixed broadband revenues continued to accelerate, increasing 11.0%, while voice revenues and PayTV revenues were up 7.3% and 6.5%, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Mobile service revenues declined 1.7% in the quarter. Our postpaid revenues were up 0.6%, but declined 9.3% on the prepaid segment, which has become very competitive following the introduction of virtual players.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Leveraging our convergent platform and containing commercial costs we managed to increase our EBITDA 3.5% over the year bringing the figure for the quarter to 1.2 trillion Colombian pesos. The EBITDA margin stood at 40.1%, 30 basis points more than the prior year. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We have kept on investing in our platforms to offer the best coverage, quality and speed, and this has enabled us to make greater progress in mobile number portability.</FONT></P>

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<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Colombia </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Billions of COP</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17<FONT size=2 face=Arial>*</FONT>*</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,998</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,918</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11,580</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11,290</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,356</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,300</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,262</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,109</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,101</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,106</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,110</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,129</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,461</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,486</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,822</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,925</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>621</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>608</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,251</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,149</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>897</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>812</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,470</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,161</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,203</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,163</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,707</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,499</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>670</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>664</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.9%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,660</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,589</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif><FONT size=1 face=Arial>**</FONT>2017 figures do not include the expense item associated with the arbitrage ruling in Colombia paid in August 2017.</FONT></I></TD></TR></TABLE>

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<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="51%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="90%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Colombia Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="51%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="51%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers* (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,681</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>29,353</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.1%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="51%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,937</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,688</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="51%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,744</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22,665</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="51%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><FONT size=2></FONT><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>225</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>202</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="51%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (COP)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,568</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16,915</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="51%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.9%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.7%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.2</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="51%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)**</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,171</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,753</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="90%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*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 Colombia (MinTIC).</FONT></I></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="90%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>**Fixed Line, Broadband and Television.</FONT></I></P></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="90%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></P></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Ecuador</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>We finished the year with 8.2 million wireless subscribers, 3.6% more than a year before after adding 85 thousand subs. On the fixed segment we had 384 thousand RGUs, 4.7% above last year. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fourth quarter revenues of 330 million dollars were 3.1% higher than a year before, supported by equipment revenues that rose 38.0%. Competitive conditions in the mobile market in Ecuador continued to be intense. On the fixed-line platform service revenues were up 5.2% annually to 21 million dollars, with broadband revenues increasing 9.1%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA declined 4.3% to 137 million dollars. This figure reflects a provision of regulatory contingencies in the absence of which EBITDA would have risen 1.7% relative to the year-earlier quarter. The EBITDA margin for the period was equivalent to 41.6% of revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

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&nbsp; <A name="page_13"></A>

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<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="28%"></TD>

   <TD width="12%"></TD>

   <TD width="12%"></TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Ecuador </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="28%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>330</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>320</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,309</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,311</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>275</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>280</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,104</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,130</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>308</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>299</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,222</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,228</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>254</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>260</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,022</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,052</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>53</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>200</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>176</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>83</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>137</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>143</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>519</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>522</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>44.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>39.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="28%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>86</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>88</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.2%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>313</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>310</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="28%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="12%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.504pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

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   <TD width="13%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Ecuador Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8,246</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,960</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,622</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,547</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,624</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,413</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>437</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>353</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23.7%</FONT></B></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(2.9)</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>384</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>367</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Peru</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>With 12.1 million subscribers, our wireless base declined 2.4% relative to December 2017 following disconnections of 612 thousand subscribers in the fourth quarter. On the fixed-line segment, RGUs grew 5.3% to 1.5 million, with broadband accesses rising nearly 10% in the period. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues of 1.4 billion soles were 2.8% lower than in the prior year, with equipment revenues rising 16% and service revenues declining 6.1%. Wireless service revenues fell 8.6% relative to the prior year on account of an interconnection cut of 62% and the introduction of more competitive commercial promotions. On the fixed-line platform, service revenues were 0.8% lower than a year before; they account for 19% of total service revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fourth quarter EBITDA came in at 339 million soles, 10.6% higher than in the prior year. The improvement is based mostly on a net reduction of interconnection costs, and an important decline in subsidies, which are high in Peru.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Peru </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Soles</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,350</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,389</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,253</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,436</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,108</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,180</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,437</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,694</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,140</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,177</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,414</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,590</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>877</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>960</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-8.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,559</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,812</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>242</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>209</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>815</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>739</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>210</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>213</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>839</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>846</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>339</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>307</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,252</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,255</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.3%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>113</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>124</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-8.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>476</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>511</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-7.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Peru Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,098</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,392</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-2.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,093</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,157</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,005</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,235</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>249</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>221</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Sol)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.4%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.9</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,472</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,398</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5.3%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=4 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television</FONT></I></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Central America</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our combined operations in Central America ended the year with 14.4 million wireless subscribers after net disconnections of 1.6 million subscribers&#8212;almost all prepaid&#8212;that resulted from a clean up of our subscriber base. Most of the disconnections, 1.3 million, came from Honduras and Nicaragua. On the fixed-line platorm we increased by 11.3% the number of RGUs, to 6.5 million, with solid growth of broadband accesses, up 16.0% year-on-year. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues for the block came down 3.8% with service revenues declining 3.2%. At constant exchange rates, service revenues would have increased 0.4% and total revenues would have been down 0.2% as a result of equipment revenue losses. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Mobile service revenues came down 2.7%. We saw a sharp decline in Nicaragua given the overall situation of the country. Fixed service revenues declined 4.4% relative to the precedent year as voice revenues dropped 14.3%. Long distance revenues continued to fall but now represent only 2% of fixed service revenues.&nbsp;Broadband and PayTV revenues increased 3.4% and 1.3%, respectively, in spite of the decline observed in Nicaragua.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA of 177 million dollars was 15.9% lower than a year before, dragged by Nicaragua and Honduras. We booked in the quarter extraordinary charges in Honduras derived from tax credits that are currently under litigation with the tax authorities. Aditionally, in the fourth quarter of 2017, we cancelled miscellaneous provisions in Guatemala and Honduras. Correcting for the aforementioned one-time items, EBITDA would have been 7.3% below last year. Fourth quarter EBITDA margin stood at 30.4%.&nbsp; </FONT></P>

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   <TD width="11%"></TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) -<FONT size=1> </FONT></FONT><FONT size=1><B><I><FONT color=#4dd9ff face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Central America </FONT></I></B><FONT color=#4d4d4d face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>582</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>605</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,353</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,332</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>524</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>541</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,129</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,133</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>394</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>408</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,580</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,551</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>344</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>354</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,390</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,383</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>54</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>190</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>166</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>188</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>199</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>774</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>791</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>177</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>210</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-15.9%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>767</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>817</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-6.1%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>66</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>86</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-23.4%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>302</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>305</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Revenues reflect eliminations derived from both the overlap of fixed and mobile operations as well as international intercompany transactions.</FONT></I></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Central America Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14,364</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15,927</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,364</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,400</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12,000</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,527</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><FONT size=2></FONT><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>157</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>162</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.5%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.3</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,465</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,811</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>11.3%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.<BR>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></P></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Caribbean</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operations in the Caribbean added 77 thousand wireless subscribers bringing the base to 5.9 million at the end of December, 4.4% above the precedent year. On the fixed-line platform the Dominican operation increased its RGU base by 1.5% while in Puerto Rico we had disconnections of 36 thousand RGUs. Total accesses came in at 2.5 million, 5.7% below 2017. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues in the Dominican Republic increased 4.9% with equipment revenues rising 17.3% and service revenues growing 4.6%. Wireless service revenue growth continued to accelerate in the last quarter on the back of data growth, especially in the prepaid segment. Fixed-line service revenues were 1.4% higher than a year before as broadband and PayTV revenues more than compensated for the decline in fixed voice revenues. EBITDA in the island was up 6.1% and reached 5.5 billion Dominican pesos, equivalent to 45.3% of revenues. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Service revenues in Puerto Rico continued to recover and were close to the levels observed prior to hurricane Maria. On the wireless segment, service revenues grew 4.7% relative to the same quarter of last year mostly driven by postpaid revenues. On the fixed platform, in which service took longer to be reinstated after the hurricane, revenues increased 29.0% with a strong performance of broadband revenues. EBITDA came in at 31 million dollars and the EBITDA margin stood at 13.6%. A year before, Puerto Rico had posted an EBITDA loss.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV></DIV>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>Caribbean </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>467</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>448</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.3%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,879</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,847</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>433</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>376</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,714</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,611</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>245</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>279</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-12.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,011</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,055</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>219</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>211</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>866</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>839</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>69</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-54.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>152</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>219</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-30.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed Line and Other Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>221</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>169</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>867</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>792</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>140</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>100</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>40.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>549</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>533</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>22.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>80</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>207.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>292</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>256</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*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 style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Caribbean Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,887</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>5,637</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,935</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,865</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,952</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,772</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><FONT size=2></FONT><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>255</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>234</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>13</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.9%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.4</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,546</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,700</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-5.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.<BR></FONT></I><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></P></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>United States</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our subscriber base ended December with 21.7 million subscribers&#8212;6.2% lower than in the prior year&#8212;following net disconnections of 106 thousand. Excluding SafeLink, we registered net additions of 66 thousand subscribers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total revenues of two billion dollars rose 3.1% over the year with service revenues increasing 2.7%. ARPU was up 10.8% to 26 dollars per subscriber as the mix of clients continued to shift towards high usage brands.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>EBITDA of 160 million dollars declined 9.1% year-on-year, partly on account of much better subscriber figures than in the year-earlier quarter when we had net disconnections of 600 thousand subs. The EBITDA margin stood at 8.0% of revenues. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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&nbsp; <A name="page_17"></A>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><FONT size=2><B><I><FONT color=#4dd9ff size=1 face=Asap-BoldItalic,Arial,Helvetica,sans-serif>United States </FONT></I></B><FONT color=#4d4d4d size=1 face=Asap-Regular,Arial,Helvetica,sans-serif>Millions of Dollars</FONT></FONT></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2,000</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,939</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,967</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>7,843</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,694</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,649</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,747</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6,740</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 30.103pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>306</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>289</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,219</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,101</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>160</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>176</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-9.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>622</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>739</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-15.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>140</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>145</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-3.2%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>541</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>655</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-17.4%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR></TABLE>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>United States Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,688</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>23,132</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-6.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Straight Talk</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,176</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,734</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>SafeLink</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,871</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,216</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-31.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Brands</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9,641</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10,182</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>555</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>514</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8.1%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (US$)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>26</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>24</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.6)</FONT></B></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Telekom Austria Group</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Our operations in Europe ended the year with 21 million wireless subscribers after net disconnections of 99 thousand prepaid subs; most of them in Bulgaria as a result of measures introduced in 2018 related to the registration of prepaid lines. Our postpaid subscriber base increased 4.1% with growth in all markets boosted by A1 digital M2M subscriber growth and high demand of mobile WiFi routers. Fixed RGUs rose 3.7% driven by CEE markets. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Total group revenues, 1.2 billion euros, rose 3.1% year-on-year. The annual comparison is affected by minor one-off effects, most of them booked in the last quarter of 2017, and by foreign exchange variations stemming mostly from Belarus. Adjusting for these, revenues would have been 3.9% higher than a year before. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In Austria, service revenues increased 3.8% as compared to the prior year. The fixed line segment outpaced mobile as we saw solid growth of corporate solutions and connectivity products. Mobile service revenues were up 3.4% driven by high-value clients and greater adoption of mobile WiFi. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>In CEE we saw strong service revenue growth in Bulgaria, Croatia, Serbia and Macedonia. Slovenia remains a challenging market on the mobile segment while in Belarus we had great improvements in the fixed-line segment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap>Fourth quarter EBITDA rose 1.6% over the year. EBITDA includes 13.9 million euros related to restructuring charges in Austria. In absence of such charges in both 4Q18 and 4Q17, EBITDA growth would have been 8.3% higher than a year before. Almost all operations had a positive contribution. EBITDA growth has been the result of our ability to grow service revenues while keeping costs at check.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

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&nbsp; <A name="page_18"></A>

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   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

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   <TD width="11%"></TD>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>INCOME STATEMENT (in accordance with IFRS) - </FONT><STRONG><EM><FONT size=2><FONT style="FONT-FAMILY: Arial" color=#4dd9ff size=1>A1 </FONT></FONT><FONT style="FONT-FAMILY: Arial" size=1></FONT></EM></STRONG><FONT style="FONT-FAMILY: Arial" color=#4dd9ff size=1><STRONG><EM>Telekom Austria Group - Proforma </EM></STRONG><FONT color=#4d4d4d>Millions of Euros</FONT></FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,165</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,130</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,466</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4,389</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.8%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Total service revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>974</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>940</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,828</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,781</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Wireless service revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>537</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>525</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,152</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,139</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.463pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Fixed-line service revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>437</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>415</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,677</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,642</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>170</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>162</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>546</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>504</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 14.983pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other operating income</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-24.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>92</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>103</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>293</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>288</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,381</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,399</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.3%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>25.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>92</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-20</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>n.m.</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>424</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>444</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% total revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>For further detail please visit www.a1.group/en/investor-relations</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="61%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=4 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>A1 Telekom Austria Group Operating Data (in accordance with IFRS)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="61%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Wireless Subscribers (thousands)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>21,000</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>20,658</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Postpaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16,216</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,581</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 21.464pt" width="61%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Prepaid</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,784</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,077</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>MOU</FONT></B><FONT size=2></FONT><B><SUP><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(1)</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>357</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>342</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>4.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>ARPU (Euros)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>9</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>8</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>0.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Churn (%)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.0%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.2%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>(0.2)</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.504pt" width="61%" align=left><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Revenue Generating Units (RGUs)*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,261</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>6,036</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="13%" align=right><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.7%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" width="100%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 8.5pt"><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Fixed Line, Broadband and Television.<BR>(1) We modified the methodology for calculating MOUs. We no longer include M2M subscribers.</FONT></I></P></TD></TR></TABLE>

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<DIV></DIV>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_19"></A>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 8pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: justify; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; MARGIN: 0cm 0cm 0pt; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Am&#233;rica M&#243;vil IFRS (includes IFRS 15 for 2018)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Am&#233;rica M&#243;vil&#8217;s Income Statement (in accordance with IFRS 15) </FONT><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=1>Millions of Mexican pesos</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dic 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dic 17*</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Service Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>212,917</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>220,920</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>849,883</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>878,411</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equipment Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49,342</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>42,939</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>170,937</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>143,222</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Revenues</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>262,259</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>263,859</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,020,820</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,021,634</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-0.1%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Service</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>81,539</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>81,463</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>324,827</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>326,181</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Cost of Equipment</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>51,631</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49,540</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>177,005</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>170,154</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" noWrap align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Selling, General &amp; Administrative Expenses</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>57,010</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>59,718</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>220,903</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>238,883</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Others</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,594</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-97.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8,428</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,549</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Costs and Expenses</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>190,246</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>193,314</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.6%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>731,162</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>742,768</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-1.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBITDA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>72,013</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>70,544</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.1%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>289,657</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>278,866</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>3.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>26.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Depreciation &amp; Amortization</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34,744</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>41,984</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-17.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151,995</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>160,175</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>EBIT</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>37,269</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>28,560</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>30.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>137,662</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>118,691</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>16.0%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>% of Total Revenues</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Interest Expense</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,388</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7,080</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-80.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>21,155</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>27,375</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-22.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Financial Expenses</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-5,255</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-6,995</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,624</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1,944</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>n.m.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Foreign Exchange Loss</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>15,998</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37,244</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-57.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4,538</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13,819</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-67.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" noWrap align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Comprehensive Financing Cost (Income)</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>12,131</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>37,329</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-67.5%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>40,317</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>43,138</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-6.5%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Income &amp; Deferred Taxes</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14,217</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,131</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>n.m.</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>46,883</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30,691</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>52.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="34%" noWrap align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Net Income before Minority</FONT></TD>

   <TD width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="34%" noWrap align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Interest and Equity Participation in Results</FONT></TD>

   <TD width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10,922</FONT></TD>

   <TD width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-10,899</FONT></TD>

   <TD width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>200.2%</FONT></TD>

   <TD width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50,463</FONT></TD>

   <TD width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>44,862</FONT></TD>

   <TD width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" noWrap align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>of Affiliates</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Equity Participation in Results of Affiliates</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>10</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>129.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>91</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-99.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Minority Interest</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-293</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>326</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-189.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1,951</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2,829</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Net Income</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>10,652</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-10,563</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>200.8%</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>48,512</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>42,124</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>15.2%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*2017 figures do not include the expense item associated with the arbitrage ruling in Colombia paid in August.</FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=7 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>2017.n.m. Not meaningful</FONT></I></TD></TR></TABLE>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=9 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Balance Sheet (in accordance with IFRS 15) - Am&#233;rica M&#243;vil Consolidated </FONT><FONT style="FONT-FAMILY: Arial" color=#4d4d4d size=1>Millions of Mexican Pesos</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Dec '17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><I><FONT size=2 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Assets</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="4%" align=left><FONT size=2>&nbsp;&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><I><FONT size=2 face=Asap-Italic,Arial,Helvetica,sans-serif>Current Liabilities</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Cash, Marketable</FONT></TD>

   <TD width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" width="4%" align=left></TD>

   <TD width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Securities &amp; Other Short</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>70,676</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>83,391</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-15.2%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT face=Asap-Regular,Arial,Helvetica,sans-serif></FONT></TD>

   <TD vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Short Term Debt*</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>96,231</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>51,746</FONT></TD>

   <TD vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>86.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Term Ivestments</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Receivable</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>205,171</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>201,814</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.7%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Accounts Payable</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>298,302</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>291,029</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35,832</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18,221</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>96.7%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" noWrap align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Current </FONT><FONT size=2><FONT face=Arial>Liabilities</FONT></FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>78,883</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>70,562</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Inventories</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>40,233</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>38,810</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>473,415</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>413,336</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>14.5%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>351,913</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>342,235</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>2.8%</FONT></B></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR>

   <TD width="100%" colSpan=9><FONT size=2>&nbsp; </FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><I><FONT size=2 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Assets</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><I><FONT size=2 face=Asap-Italic,Arial,Helvetica,sans-serif>Non Current Liabilities</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Plant &amp; Equipment</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>629,088</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>676,343</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-7.0%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Long Term Debt</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>542,692</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>646,139</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-16.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Investments in Affiliates</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,133</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,735</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-16.1%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Other Liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>167,589</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>166,103</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>710,281</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>812,242</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-12.6%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><I><FONT size=2 face=Asap-Italic,Arial,Helvetica,sans-serif>Deferred Assets</FONT></I></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Goodwill (Net)</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>145,566</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151,463</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-3.9%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Intangible Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>100,338</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>123,242</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-18.6%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Shareholder's Equity</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>230,195</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>260,634</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-11.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="21%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Deferred Assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>183,853</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>189,193</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.8%</FONT></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" width="4%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="21%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="9%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=middle width="100%" colSpan=9 align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><STRONG><FONT size=2 face=Arial></FONT></STRONG><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><B><FONT size=2 face=Asap-Bold,Arial,Helvetica,sans-serif></FONT></B><B><FONT size=1 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" vAlign=middle width="21%" align=left><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Total Assets</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,413,891</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.9%</FONT></B></TD>

   <TD style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: #4dd9ff 1px solid; BORDER-LEFT: medium none" vAlign=middle width="4%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>&nbsp;&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="21%" noWrap align=left><STRONG><FONT color=#007399 size=2 face=Arial>Total Liabilities and Equity</FONT></STRONG></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,413,891</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>1,486,212</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" vAlign=middle width="9%" align=right><B><FONT color=#007399 size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>-4.9%</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.503pt" width="100%" colSpan=9 align=left><I><FONT color=#828282 size=1 face=Asap-Italic,Arial,Helvetica,sans-serif>*Includes current portion of Long Term Debt.</FONT></I></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 14pt; LINE-HEIGHT: 14pt" color=#007298 face=Asap>Glossary of Terms</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><STRONG><FONT color=#007298></FONT></STRONG>&nbsp;</P>

<DIV>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>ARPU</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=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.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>ARPM</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Average Revenue per Minute. The ratio of service revenues to airtime traffic.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>Capex</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Capital Expenditure. Accrued capital expenditures related to the expansion of the telecommunications infrastructure.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>Churn</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=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.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>EBIT</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Earnings Before Interest and Taxes, also known as Operating Profit.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: left" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>EBIT<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>margin</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: left" align=left><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The ratio of EBIT to total operating revenue.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>EBITDA</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Earnings Before Interest, Taxes, Depreciation, and Amortization.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%" align=left>

   <P style="MARGIN-BOTTOM: 10pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>EBITDA<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>margin</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The ratio of EBITDA to total operating revenue.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%" align=left>

   <P style="MARGIN-BOTTOM: 10pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>EPS<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>(Mexican<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>pesos)</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Earnings per share. Total earnings in Mexican pesos divided by total shares.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%" align=left>

   <P style="MARGIN-BOTTOM: 10pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>Earnings<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>per ADR<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>(US$)</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Total earnings in U.S. dollars divided by total ADRs equivalent.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%" align=left>

   <P style="MARGIN-BOTTOM: 10pt" align=left><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>Equity<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#007298 face=Asap>subscribers</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Subscribers weighted by the economic interest held in each company.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt" color=black face=Asap></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=black face=Asap></FONT>&nbsp;</P>

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_21"></A>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap></FONT></B>&nbsp;</P>

<DIV>

<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>Gross<BR>additions</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Total number of subscribers acquired during the period. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Licensed <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>pops</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>Licensed population. Population covered by the licenses that each of the companies manage.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>LTE</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Long-term evolution is a 4th generation standard for wireless communication of high-speed data for mobile phones and data terminals. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Market </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap><BR>share</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>A company&#8217;s subscriber base divided by the total number of subscribers in that country. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>MBOU</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=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.&nbsp; It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>MOU</FONT></STRONG><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=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.&nbsp; It is presented on a monthly basis.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>subscriber <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>additions</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The difference in the subscriber base from one period to another. It is the different between gross additions and disconnections.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>Net debt</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Total short and long term debt minus cash and marketable securities.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Net debt <BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>/ EBITDA</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=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.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>Prepaid</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=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.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>Postpaid</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Subscriber that has a contract for the use of airtime. The client has no need of activating airtime, it is done so immediately.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>SMS</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=Asap>Short Message Service. </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt"><STRONG><FONT color=#007298 size=2>SAC</FONT></STRONG></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#000000 face=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 revenues.&nbsp; </FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap>Wireless </FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 11pt" color=#007298 face=Asap><BR>penetration</FONT></B></P></TD>

   <TD vAlign=top width="90%">

   <P style="MARGIN-BOTTOM: 10pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=#000000 face=Asap>The ratio of total wireless subscribers in any given country divided by the total population in that country.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 56pt; TEXT-INDENT: -56pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

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

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_22"></A>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Exchange Rates Local Currency Units per USD</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Mexico</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.68</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.79</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.68</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.79</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.83</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.93</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>19.24</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.94</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Brazil</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.31</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.31</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.80</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.19</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>14.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.70</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>102.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.70</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>18.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>102.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>37.08</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.56</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>111.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.07</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>16.56</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>69.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Chile</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>695</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>615</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>695</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>615</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>680</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>633</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>641</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>649</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Colombia</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,250</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,984</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,250</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,984</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>8.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3,165</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,987</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,955</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2,952</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Guatemala</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.74</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.74</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.72</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.34</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.52</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.35</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Honduras</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.51</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.75</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.51</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.75</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.37</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.69</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>24.07</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>23.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Nicaragua</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.33</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.78</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.33</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.78</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.13</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.60</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.55</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Costa Rica</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>612</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>573</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>612</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>573</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>605</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>571</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>580</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>572</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peru</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.37</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.37</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.36</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.29</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.26</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Paraguay</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,961</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,590</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,961</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,590</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,940</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,642</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,732</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5,618</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.0%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Uruguay</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.41</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.81</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.41</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.81</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>32.56</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>29.16</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.73</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.68</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Dominican Republic</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.50</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48.32</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.50</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48.32</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>50.37</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>48.08</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>49.64</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>47.57</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.3%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Austria &amp; CEE</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.83</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.83</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.88</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.85</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.85</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.89</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.3%</FONT></TD></TR></TABLE>

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

<DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_23"></A>

<P style="MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<TABLE style="WIDTH: 100%" cellSpacing=0 border=0>



<TR>

   <TD width="34%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD>

   <TD width="11%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="100%" colSpan=7 align=left><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Exchange Rates Local Currency Units per MxP</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="34%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4Q17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Jan - Dec 17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT color=#4dd9ff size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Var.%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>USA</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-4.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.05</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Brazil</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.20</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.20</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>17.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.19</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>11.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.19</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>12.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Argentina</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.92</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.94</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>103.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.92</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.94</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>103.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.93</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>101.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.46</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.87</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>66.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Chile</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.3</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.1</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>35.3</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.1</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.3</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.4</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>33.3</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>34.3</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-2.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Colombia</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>165</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>165</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>151</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>9.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>160</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>158</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>154</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>156</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Guatemala</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.37</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.9%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.37</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.9%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.39</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Honduras</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.20</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.20</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.7%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.23</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.8%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.25</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Nicaragua</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.64</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.56</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.64</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.56</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.6%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.62</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.62</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.64</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.59</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>3.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Costa Rica</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.08</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.94</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>31.08</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>28.94</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.51</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.18</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.15</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>30.21</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Peru</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.16</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.4%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.16</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>4.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-1.3%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.17</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>-0.8%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Paraguay</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>303</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>283</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>303</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>283</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>7.2%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>300</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>298</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.5%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>298</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>297</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.4%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Uruguay</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.46</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.46</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>13.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.64</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.54</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>6.6%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.60</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>1.51</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.5%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" bgColor=#007399 width="34%" align=left><B><FONT color=#ffffff size=2 face=Asap-Bold,Arial,Helvetica,sans-serif>Dominican Republic</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=left><FONT size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>EoP</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.57</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.44</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.1%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.57</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.44</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>5.1%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid; TEXT-INDENT: 8.503pt" width="34%" align=left><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>Average</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.54</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.54</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>0.0%</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.58</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.51</FONT></TD>

   <TD style="BORDER-BOTTOM: #4dd9ff 1px solid" width="11%" align=right><FONT size=2 face=Asap-Regular,Arial,Helvetica,sans-serif>2.7%</FONT></TD></TR></TABLE>

<DIV></DIV>

<DIV style="PAGE-BREAK-AFTER: always">

<P></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#221e1f face=Asap,sans-serif>For further information please visit our website at: </FONT><B><FONT lang=EN-US style="FONT-SIZE: 12pt" color=#006899 face=Asap,sans-serif>www.americamovil.com</FONT></B></P>

<P></P>

<P></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt"><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: 115%" color=#221e1f face=Calibri,sans-serif>Am&#233;rica M&#243;vil, S.A.B. de C.V. (the &#8220;Company&#8221;) quarterly reports and all other written materials may from time to time contain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. Forward looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance, or achievements, and may contain words like &#8220;believe&#8221;, &#8220;anticipate&#8221;, &#8220;expect&#8221;, &#8220;envisages&#8221;, &#8220;will likely result&#8221;, or any other words or phrases of similar meaning. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this report. In no event, neither the Company nor any of its subsidiaries, affiliates, directors, officers, agents or employees shall be liable before any third party (including investors) for any investment or business decision made or action taken in reliance on the information and statements contained in this document or for any consequential, special or similar damages.</FONT></P>

<P></P>

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</DIV>

<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>&nbsp;</DIV>

<DIV style="TEXT-INDENT: 0%" align=left><FONT color=#000000 size=3 face="Times New Roman">Date: February 13, 2019</FONT></DIV>

<DIV style="TEXT-INDENT: 4%">&nbsp;</DIV>

<DIV><FONT size=1></FONT>&nbsp;</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>

   <HR align=left color=#000000 SIZE=1 noShade>

</TD></TR>

<TR>

   <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 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>Chief Financial Officer</B></FONT></DIV></TD></TR></TABLE></DIV>

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<DIV><FONT size=1></FONT>&nbsp;</DIV>

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