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<SEC-DOCUMENT>0000931427-10-000005.txt : 20100312
<SEC-HEADER>0000931427-10-000005.hdr.sgml : 20100312
<ACCEPTANCE-DATETIME>20100312152145
ACCESSION NUMBER:		0000931427-10-000005
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100312
FILED AS OF DATE:		20100312
DATE AS OF CHANGE:		20100312

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GAS TRANSPORTER OF THE SOUTH INC
		CENTRAL INDEX KEY:			0000931427
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS TRANSMISSION [4922]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13396
		FILM NUMBER:		10677494

	BUSINESS ADDRESS:	
		STREET 1:		DON BOSCO 3672 5TH FLR
		STREET 2:		1206 CAPITAL FEDERAL
		CITY:			ARGENTINA
		STATE:			C1
		ZIP:			00000
		BUSINESS PHONE:		005401148659050X1093

	MAIL ADDRESS:	
		STREET 1:		DON BOSCO 3672 5TH FLR
		STREET 2:		CAPITAL FEDERAL
		CITY:			ARGENTINA
		STATE:			C1
		ZIP:			1206
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>secdistributionproposal12101.htm
<DESCRIPTION>BOARD OF DIRECTORS ? PROPOSAL
<TEXT>
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<TITLE>March 12, 2010</TITLE>
<META NAME="author" CONTENT="calmagro">
<META NAME="date" CONTENT="03/12/2010">
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<DIV style="width:425.2pt"><P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><FONT FACE="Courier New"><B>UNITED STATES</B></FONT></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>Washington, DC 20549</B></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>_____________</B></P>
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<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>FORM 6-K</B></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>Report of Foreign Issuer</B></P>
<P style="margin:0pt" align=center><BR></P>
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<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>Pursuant to Rule 13a-16 or 15d-16 of</P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>the Securities and Exchange Act of 1934</P>
<P style="margin:0pt" align=center><BR></P>
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<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>For March 12, 2010</P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>Commission file number: 1-13.396</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center><B>Transportadora de Gas del Sur S.A.</B></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>Don Bosco 3672, Fifth Floor</P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>1206 Capital Federal</P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>Argentina</P>
<P style="margin:0pt" align=center><BR></P>
<P style="margin:0pt" align=center><BR></P>
<P style="margin:0pt" align=center><BR></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; text-indent:21.3pt; font-family:Courier New; font-size:11pt" align=justify>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</P>
<P style="margin:0pt"><BR></P>
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<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>Form 20-F<U> &nbsp;X </U>&nbsp;Form 40-F<U> &nbsp;&nbsp;</U></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; text-indent:21.3pt; font-family:Courier New; font-size:11pt" align=justify>Indicate by check mark if registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): __</P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; text-indent:21.3pt; font-family:Courier New; font-size:11pt" align=justify>Indicate by check mark if registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; text-indent:21.3pt; font-family:Courier New; font-size:11pt" align=justify>Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to the Rule 12g3-2(b) under the Securities Exchange Act of 1934.</P>
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<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=center>Yes<U> &nbsp;</U>&nbsp;No<U> X &nbsp;</U></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:14pt; margin:0pt; font-size:12pt" align=right><FONT FACE="Times New Roman"><B>If &quot;Yes&quot; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):</B></FONT></P>
<P style="line-height:14pt; margin:0pt" align=right><BR></P>
<P style="line-height:14pt; margin:0pt; font-size:12pt" align=right>March 12, 2010</P>
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<P style="margin:0pt; font-size:12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0pt; font-size:12pt"><B>WASHINGTON, DC 20549</B></P>
<P style="margin:0pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:10pt" align=center><BR></P>
<P style="line-height:14pt; margin-top:0pt; margin-bottom:12pt; font-size:12pt" align=center><B>Re: &nbsp;<U>Board of Directors&#146; Proposal</U></B></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt; font-size:12pt">Dear Sirs, </P>
<P style="margin:0pt"><BR></P>
<P style="line-height:14pt; margin:0pt; font-size:12pt" align=justify>The purpose hereof is to inform you, in accordance with the requirements of the regulations promulgated under the United States Securities and Exchange Act, that the Board of Directors&#146; meeting held yesterday submitted for approval at the next Shareholder&#146;s Meeting to be held on April 16, 2010, the following distribution proposal of the net income for the year ended December 31, 2009, which amounts to AR$ 178,380,639: (i) AR$ 8,919,032 to legal reserve, (ii) AR$ 30,324,709 to cash dividends and (iii) AR$ 139,136,898 to unappropriated retained earnings.</P>
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<P style="margin:0pt; font-size:12pt">Sincerely,</P>
<P style="margin:0pt" align=center><BR></P>
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<P style="margin:0pt" align=center><BR></P>
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<P style="line-height:14pt; margin:0pt; font-size:12pt" align=center>Adri&#225;n Hubert</P>
<P style="line-height:14pt; margin:0pt; font-size:12pt" align=center>Attorney in Fact</P>
<P style="margin:0pt" align=center><BR>
<BR></P>
<P style="line-height:14pt; margin:0pt; padding-left:17.85pt; text-indent:-17.85pt; font-family:Courier New; font-size:12pt; page-break-before:always" align=center><FONT FACE="Courier New"><B>SIGNATURES</B></FONT></P>
<P style="margin:0pt" align=center><BR></P>
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<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=justify>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.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt" align=right>Transportadora de Gas del Sur S.A.</P>
<P style="margin:0pt" align=right><BR></P>
<P style="margin:0pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=27.7></TD><TD width=2.3></TD><TD width=44.95></TD><TD width=161.2></TD><TD width=0.75></TD></TR>
<TR><TD valign=top width=36.933><P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt"><B>By:</B></P>
</TD><TD style="border-bottom:0.75pt solid #000000" valign=top width=278.933 colspan=4><P style="line-height:14pt; margin:0pt; font-family:Courier New; font-size:12pt" align=center>/s/Gonzalo Castro Olivera</P>
</TD></TR>
<TR><TD style="border-bottom:0.75pt solid #000000" valign=top width=36.933>&nbsp;</TD><TD style="border-bottom:0.75pt solid #000000" valign=top width=3.067>&nbsp;</TD><TD valign=top width=59.933><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt">Name:</P>
</TD><TD valign=top width=215.933 colspan=2><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt">Gonzalo Castro Olivera</P>
</TD></TR>
<TR><TD valign=top width=36.933>&nbsp;</TD><TD valign=top width=3.067>&nbsp;</TD><TD valign=top width=59.933><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt">Title:</P>
</TD><TD valign=top width=215.933 colspan=2><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt"><B>Chief Financial Officer</B></P>
</TD></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=27.7></TD><TD width=2.3></TD><TD width=44.95></TD><TD width=161.2></TD><TD width=0.75></TD></TR>
<TR><TD valign=top width=36.933><P style="line-height:13pt; margin:0pt; font-family:Courier New; font-size:11pt"><B>By:</B></P>
</TD><TD style="border-bottom:0.75pt solid #000000" valign=top width=278.933 colspan=4><P style="line-height:14pt; margin:0pt; font-family:Courier New; font-size:12pt" align=center>/s/Jose Mar&#237;a Zuliani</P>
</TD></TR>
<TR><TD style="border-bottom:0.75pt solid #000000" valign=top width=36.933>&nbsp;</TD><TD style="border-bottom:0.75pt solid #000000" valign=top width=3.067>&nbsp;</TD><TD valign=top width=59.933><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt">Name:</P>
</TD><TD valign=top width=215.933 colspan=2><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt">Jose Mar&#237;a Zuliani</P>
</TD></TR>
<TR><TD valign=top width=36.933>&nbsp;</TD><TD valign=top width=3.067>&nbsp;</TD><TD valign=top width=59.933><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt">Title:</P>
</TD><TD valign=top width=215.933 colspan=2><P style="line-height:11pt; margin:0pt; font-family:Courier New; font-size:9pt"><B>Senior Legal Counsel</B></P>
</TD></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
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<P style="line-height:14pt; margin:0pt; font-size:12pt"><FONT FACE="Times New Roman">Date: March 12, 2010</FONT></P>
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