<SEC-DOCUMENT>0001654954-17-009927.txt : 20171102
<SEC-HEADER>0001654954-17-009927.hdr.sgml : 20171102
<ACCEPTANCE-DATETIME>20171101204451
ACCESSION NUMBER:		0001654954-17-009927
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20171101
FILED AS OF DATE:		20171102
DATE AS OF CHANGE:		20171101

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IRSA INVESTMENTS & REPRESENTATIONS INC
		CENTRAL INDEX KEY:			0000933267
		STANDARD INDUSTRIAL CLASSIFICATION:	LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13542
		FILM NUMBER:		171170445

	BUSINESS ADDRESS:	
		STREET 1:		BOLIVAR 108
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1066AAD
		BUSINESS PHONE:		00541143237449

	MAIL ADDRESS:	
		STREET 1:		BOLIVAR 108
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1066AAD
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>SUMMARY OF THE ASSEMBLY
<TEXT>
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<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></font></div>
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<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Washington,
D.C.&#xA0;&#xA0;20549</font></font></div>
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&#xA0;</font></div>
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&#xA0;<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">FORM
6-K</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;REPORT
OF FOREIGN ISSUER</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">PURSUANT
TO RULE 13a-16 OR 15b-16 OF</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">THE
SECURITIES EXCHANGE ACT OF 1934</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">For
the month of November, 2017</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">IRSA
Inversiones y Representaciones Sociedad
An&#xF3;nima</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
(Exact name of Registrant as specified in its charter)</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 24px; font-family: Times New Roman">IRSA
Investments and Representations Inc.</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
(Translation of registrant&#xB4;s name into English)</font></div>
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&#xA0;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Republic
of Argentina</font></font></div>
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(Jurisdiction of incorporation or organization)</font></div>
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&#xA0;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Bol&#xED;var
108</font></font></div>
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<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(C1066AAB)</font></font></div>
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<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">Buenos
Aires, Argentina</font></font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold">&#xA0;(</font>Address of principal
executive offices)</font></div>
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&#xA0;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;Form 20-F&#xA0;&#x2327;<font id="TAB2" style="letter-spacing: 3pt; color: black">&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;</font>Form
40-F&#xA0;&#xA0;&#x2610;</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font id="TAB1" style="margin-left: 96px">&#xA0;</font>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 Rule 12g3-2(b) under the Securities
Exchange Act of 1934.</font></div>
<div style="text-align: center; line-height: 1; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
&#xA0;</font></div>
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Yes&#xA0;&#x2610;<font id="TAB2" style="letter-spacing: 3pt; color: black">&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;</font>No
x</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">IRSA
INVERSIONES Y REPRESENTACIONES SOCIEDAD
AN&#xD3;NIMA</font></font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">(THE
&#x201C;COMPANY&#x201D;)</font></font></div>
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&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px; color: #000; letter-spacing: normal; white-space: normal; background-color: #ffffff"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 13px; font-family: Times New Roman">
<font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">REPORT
ON FORM 6-K</font></font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</div>
<div id="pb" style="margin-left: 0px; margin-right: 0px; text-align: center; margin-bottom: 6px; page-break-after: always; width: 100%; height: 2px; background-color: #000000"><!--page break--></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Attached is the
English translation of the summary of the letter dated November 1,
2017, filed by the Company with the <font style="font-style: italic">Bolsa de Comercio de Buenos Aires</font>&#xA0;
and the<font style="font-style: italic">Comisi&#xF3;n Nacional de
Valores</font>.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
<div id="pgbrk" style="margin-left: 0px; margin-right: 0px; text-indent: 0px; width: 100%">
<div id="ftr" style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<div style="text-align: justify; margin-left: 0px; margin-right: -28px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM ONE: APPOINTMENT OF TWO SHAREHOLDERS TO SIGN THE
MEETING&#x2019;S MINUTES.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -28px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting unanimously approved the appointment of the representatives
of shareholders The Bank of New York Mellon (BONY), ANSES FGS, and
Cresud SACIF y A to approve and sign the minutes of the
Shareholders&#x2019; Meeting.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM TWO: CONSIDERATION OF DOCUMENTS CONTEMPLATED IN SECTION 234,
PARAGRAPH 1, OF LAW NO. 19,550 FOR THE FISCAL YEAR ENDED JUNE 30,
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the documents required under
Section 234, paragraph 1, of the General Companies Law for the
fiscal year ended June 30, 2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM THREE: CONSIDERATION OF ALLOCATION OF NET INCOME FOR THE
FISCAL YEAR ENDED JUNE 30, 2017 FOR $3,481,032,590. CONSIDERATION
OF PAYMENT OF CASH DIVIDEND FOR UP TO $1,400,000,000.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes:</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(I) To
allocate the sum of $1,400,000,000 to pay cash dividends to the
shareholders ratably according to their shareholding
interests.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(ii) To
delegate to the Board of Directors the power to implement the
payment to the shareholders within the statutory terms set forth in
the applicable laws, and to apply for and implement the payment of
such dividend to the ADR holders. As concerns local shareholders
who are holders of common shares, it is proposed that they be given
the option to collect their dividend share in U.S. Dollars instead
of doing so in Argentine Pesos, to which end they shall give notice
of their option to Caja de Valores S.A. until November 10, 2017,
provided that in the case of payment of the dividend in U.S.
Dollars, the conversion value to U.S. Dollars will be established
considering the Peso/U.S. Dollar seller exchange rate for wire
transfers quoted by <font style="font-style: italic">Banco de la
Naci&#xF3;n Argentina</font> at the close of business on the
trading day immediately preceding the date such dividends are made
available in Argentine Pesos in Argentina.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(iii)
To allocate the balance of $2,081,032,590 to set up a special
reserve, taking into account that the statutory reserve is fully
funded according to the provisions of Section 70 of Law 19,550 and
Section 5 of Chapter III, Title IV of the Rules of the Argentine
Securities Commission. The special reserve referred to above may be
used for future dividends, new projects or projects under way or
for any other purpose that the Company may have in the next fiscal
years, provided that a prudent and reasonable management policy is
applied.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FOUR: CONSIDERATION OF BOARD OF DIRECTORS&#x2019; PERFORMANCE
FOR THE FISCAL YEAR ENDED JUNE 30, 2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the performance of each of
the Board members and the regular directors who are also members of
the audit and executive committees as concerns the activities
developed during the fiscal year under review, with the applicable
legal abstentions.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FIVE: CONSIDERATION OF SUPERVISORY COMMITTEE&#x2019;S
PERFORMANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the performance of the
Company&#x2019;s supervisory committee during the fiscal year under
review.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM SIX: CONSIDERATION OF COMPENSATION FOR $30,848,151 PAYABLE TO
THE BOARD OF DIRECTORS FOR THE FISCAL YEAR ENDED JUNE 30,
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes (i) the sum of $30,848,151 as
total compensation, for the fiscal year ended June 30, 2017, which
amount is within the limits imposed under Section 261 of General
Companies Law No. 19,550, taking into account the directors&#x2019;
responsibilities, the time devoted to the discharge of professional
duties, the results of their performance, the specific technical
tasks developed in controlled companies and their professional
skills and market value of the services rendered; (ii) to allocate
and distribute such compensation sum in due course in accordance
with the specific duties discharged by its members; and (iii) to
make monthly advance payments of fees contingent upon the
resolution to be adopted at the next ordinary shareholders&#x2019;
meeting.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM SEVEN: CONSIDERATION OF COMPENSATION FOR $600,000 PAYABLE TO
THE SUPERVISORY COMMITTEE FOR THE FISCAL YEAR ENDED JUNE 30,
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to pay $600,000 to the
Supervisory Committee as fees for the tasks discharged during the
fiscal year under review, i.e., as of June 30, 2017, delegating to
the Supervisory Committee the power to allocate such amount among
its individual members.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM EIGHT: CONSIDERATION OF APPOINTMENT OF REGULAR DIRECTORS AND
ALTERNATE DIRECTORS DUE TO EXPIRATION OF TERM.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes that the appointment of the
following directors be renewed for a term of three fiscal years:
Messrs. Mario Blejer, Carlos Ricardo Esteves and Ricardo
H&#xE9;ctor Liberman, as independent regular directors, and Messrs.
Daniel Ricardo Elsztain, Fernando Adri&#xE1;n Elsztain and Gabriel
Adolfo Gregorio Reznik as non-independent alternate directors under
the terms of Section 11, Article III, Chapter III, Title II, of the
Rules of the Argentine Securities Commission (2013 revision) and
that Mr. Gast&#xF3;n Armando Lernoud be appointed as
non-independent alternate director under the terms of Section 11,
Article III, Chapter III, Title II, of the Rules of the Argentine
Securities Commission (2013 revision).</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM NINE: APPOINTMENT OF REGULAR AND ALTERNATE MEMBERS OF THE
SUPERVISORY COMMITTEE FOR A TERM OF ONE FISCAL YEAR.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to appoint Messrs. Jos&#xE9;
Daniel ABELOVICH, Marcelo H&#xE9;ctor FUXMAN and Noem&#xED; Ivonne
COHN as <font style="text-decoration: underline">Regular Statutory
Auditors</font> and Messrs. Roberto Daniel MURMIS, Gast&#xF3;n
Gabriel LIZITZA and Alicia Graciela RIGUEIRA as <font style="text-decoration: underline">Alternate Statutory Auditors</font>
for a term of one fiscal year, noting that all the nominees qualify
as independent in compliance with Section 79 of Law 26,831 and the
provisions contained in Section 12, Article III, Chapter III, Title
II of the Rules of the Argentine Securities
Commission.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM TEN: APPROVAL OF COMPENSATION FOR $9,429,573 PAYABLE TO
CERTIFYING ACCOUNTANT FOR THE FISCAL YEAR ENDED JUNE 30,
2017.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to pay $9,429,573 to the
Certifying Accountants as fees for the tasks discharged, with such
amount being lower than the fees approved by the
shareholders&#x2019; meeting held on October 31, 2016, which
amounted to $10,431,055.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM ELEVEN: APPOINTMENT OF CERTIFYING ACCOUNTANT FOR THE NEXT
FISCAL YEAR.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes (i) to appoint the following
firms as certifying accountants (a) PRICEWATERHOUSE&amp;Co. member
of PriceWaterhouseCoopers for the 2017/2018 fiscal year, with
<font style="text-decoration: underline">Mariano Carlos
Tomatis</font> acting as Regular Independent Auditor, and
<font style="text-decoration: underline">Walter Rafael
Zablocky</font> as Alternate Independent Auditor; and (b) Abelovich
Polano &amp; Asociados, with <font style="text-decoration: underline">Marcelo H&#xE9;ctor Fuxman</font>
acting as Regular Independent Auditor and <font style="text-decoration: underline">Noem&#xED; Ivonne Cohn</font> and
<font style="text-decoration: underline">Jos&#xE9; Daniel
Abelovich</font> as Alternate Independent Auditors.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM TWELVE: TREATMENT OF AMOUNTS PAID AS PERSONAL ASSET TAX LEVIED
ON THE SHAREHOLDERS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes the exemption obtained by the
Company, in its capacity as substitute obligor in connection with
personal asset tax for the period beginning on January 1, 2016 and
ending on December 31, 2018 (both dates inclusive), which exemption
is applicable to the shareholders.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM THIRTEEN: CONSIDERATION OF CREATION OF A NEW GLOBAL NOTE
PROGRAM FOR THE ISSUANCE OF SIMPLE, NON-CONVERTIBLE NOTES, SECURED
OR NOT, OR GUARANTEED BY THIRD PARTIES, FOR A MAXIMUM OUTSTANDING
AMOUNT OF UP TO US$ 350,000,000 (THREE HUNDRED AND FIFTY MILLION US
DOLLARS) (OR ITS EQUIVALENT IN ANY OTHER CURRENCY) PURSUANT TO THE
PROVISIONS SET FORTH IN NEGOTIABLE OBLIGATIONS LAW NO. 23,576, AS
AMENDED AND SUPPLEMENTED (THE &#x201C;PROGRAM&#x201D;) DUE TO THE
EXPIRATION OF THE PROGRAM CURRENTLY IN FORCE.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to create a new Global Note
Program for the issuance of simple, non-convertible, secured or
unsecured, or third-party secured, notes for a maximum outstanding
amount of up to US$&#xA0;350,000,000 (three hundred and fifty
million U.S. dollars) or its equivalent in other currencies, under
the provisions of Negotiable Obligations Law No. 23,576, as amended
and supplemented.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FOURTEEN: CONSIDERATION OF (I) DELEGATION TO THE BOARD OF
DIRECTORS OF THE BROADEST POWERS TO DETERMINE ALL THE
PROGRAM&#x2019;S TERMS AND CONDITIONS NOT EXPRESSLY APPROVED BY THE
SHAREHOLDERS&#x2019; MEETING AS WELL AS THE TIME, AMOUNT, TERM,
PLACEMENT METHOD AND FURTHER TERMS AND CONDITIONS OF THE VARIOUS
SERIES AND/OR TRANCHES OF NOTES ISSUED THEREUNDER; (II)
AUTHORIZATION FOR THE BOARD OF DIRECTORS TO (A) APPROVE, EXECUTE,
GRANT AND/OR DELIVER ANY AGREEMENT, CONTRACT, DOCUMENT, INSTRUMENT
AND/OR SECURITY RELATED TO THE CREATION OF THE PROGRAM AND/OR THE
ISSUANCE OF THE VARIOUS SERIES AND/OR TRANCHES OF NOTES THEREUNDER;
(B) APPLY FOR AND SECURE AUTHORIZATION BY THEARGENTINE SECURITIES
COMMISSION TO CARRY OUT THE PUBLIC OFFERING OF SUCH NOTES; (C) AS
APPLICABLE, APPLY FOR AND SECURE BEFORE ANY AUTHORIZED SECURITIES
MARKET OF ARGENTINA AND/OR ABROAD THE AUTHORIZATION FOR LISTING AND
TRADING SUCH NOTES; AND (D) CARRY OUT ANY PROCEEDINGS, ACTIONS,
FILINGS AND/OR APPLICATIONS RELATED TO THE CREATION OF THE PROGRAM
AND/OR THE ISSUANCE OF THE VARIOUS SERIES AND/OR TRANCHES OF NOTES
UNDER THE PROGRAM; AND (III) AUTHORIZATION FOR THE BOARD OF
DIRECTORS TO SUB-DELEGATE THE POWERS AND AUTHORIZATIONS REFERRED TO
IN ITEMS (I) AND (II) ABOVE TO ONE OR MORE OF ITS
MEMBERS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes: (i) to delegate to the Board
of Directors the broadest powers to: (a) determine the
Program&#x2019;s terms and conditions, in accordance with the
provisions of Negotiable Obligations Law No. 23,576, as amended and
supplemented, including the power to establish its amount within
the maximum amounts approved by the Shareholders&#x2019; Meeting;
(b) approve and execute all the agreements and documents related to
the Program and the issuance of each series and/or tranche of notes
thereunder; and (c) determine the issue date and currency, term,
price, payment method and conditions, type and rate of interest,
use of proceeds and further terms and conditions of each series
and/or tranche of notes issued under the Program; (ii) to authorize
the Board of Directors to (a) approve, execute, grant and/or
execute any agreement, contract, document, instrument and/or
security related to the creation of the Program and/or the issuance
of the various series and/or tranches of notes issued thereunder,
as deemed necessary by the Board of Directors or as required by the
Argentine Securities Commission, the securities exchanges of
Argentina and/or abroad, Caja de Valores S.A., and/or other
comparable agencies; (b) to apply for and secure before the
Argentine Securities Commission the authorization for the public
offering of such notes; (c) as applicable, to apply for and secure
before any competent agency or authorized securities exchange of
Argentina and/or abroad the authorization for listing and trading
such notes; and (d) to take any action, carry out any proceedings,
make any filings and/or take any steps in connection with the
creation of the Program and/or the issuance of the various series
and/or tranches of notes under the Program; and (iii) to authorize
the Board of Directors to sub-delegate the powers and
authorizations referred to in paragraphs (i) and (ii) above to one
or more of its members, managers of the Company or individuals
determined by it in accordance with the applicable
laws.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
ITEM FIFTEEN: AUTHORIZATIONS FOR CARRYING OUT REGISTRATION
PROCEEDINGS RELATING TO THIS SHAREHOLDERS&#x2019; MEETING BEFORE THE
ARGENTINE SECURITIES COMMISSION AND THE ARGENTINE SUPERINTENDENCY
OF CORPORATIONS.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: -25px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">The
meeting approved by majority of votes to appoint attorneys-at-law
Mar&#xED;a Laura Barbosa, Lucila Huidobro, Paula Pereyra Iraola,
Pablo Larra&#xF1;aga, Carolina Testa and Mrs. Andrea Mu&#xF1;oz
and/or their appointees so that, acting individually and
separately, they shall carry out all and each of the proceedings
for securing the relevant registrations of the preceding
resolutions with the Argentine Securities Commission, the
Superintendency of Corporations, and any further national,
provincial or municipal agencies that may be applicable, with
powers to sign briefs, accept and implement changes, receive
notices, answer objections, file and withdraw documents, sign
official notices, and take all further actions that may be
necessary.</font></div>
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<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
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<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
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</div>
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</div>
</div>
</div>
</div>
<div style="text-align: center; margin-left: auto; margin-right: auto; text-indent: 0px"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">SIGNATURES</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Pursuant to the
requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, in the city of
Buenos Aires, Argentina.</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font>&#xA0;</font></div>
<div style="text-align: left; margin-left: auto; margin-right: auto;">
<table cellpadding="0" cellspacing="0" style="text-align: left; text-align: left; background-color: white; margin-left: auto; margin-right: auto; width: 100%; font-size: 13px; font-family: Times New Roman">
<tr>
<td style="width: 48%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td colspan="3" style="width: 3%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman"><font style="font-weight: bold; font-size: 13px; font-family: Times New Roman">&#xA0;IRSA
Inversiones y Representaciones Sociedad
An&#xF3;nima</font></font></div>
</td>
</tr><tr>
<td style="width: 48%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td colspan="3" style="width: 3%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="width: 48%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 3%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;By:</font></div>
</td>
<td style="width: 42%; border-bottom: 2px solid black">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;/S/ Sa&#xFA;l
Zang</font></div>
</td>
<td style="width: 7%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="width: 48%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 3%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 42%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;Name:
Sa&#xFA;l Zang</font></div>
</td>
<td style="width: 7%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr><tr>
<td style="width: 48%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 3%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
<td style="width: 42%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;Title:
Responsible of relationship with the markets</font></div>
</td>
<td style="width: 7%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">&#xA0;</font></div>
</td>
</tr></table>
</div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px"><font style="font-size: 13px; font-family: Times New Roman">Dated: November
1</font><font style="font-size: 13px; font-family: Times New Roman">, 2017</font></div>
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</DOCUMENT>
</SEC-DOCUMENT>
