Tanoira Cassagne Abogados assisted Dietrich S.A. in the authorization of the Global Medium Term Note Program for an amount up to $500,000,000 (or its equivalent in other currencies) and the issuance in the domestic market Class I Notes (obligaciones negociables) for the amount up to $100,000,000, which were successfully placed on October 5th, 2016 and issued on October 7th, 2016.

In addition, Tanoira Cassagne Abogados assisted Raymond James Argentina S.A. as arranger and placement agent, Banco Supervielle S.A. as placement agent and Banco Patagonia S.A. as co-placement agent.

The Notes are due on April 7, 2018, and with a floating interest rate equal to the BADLAR rate plus a 4.79% margin.

The funds raised in the Notes issuance will serve for one or more of the following destination: (i) working capital; (ii) investments in tangible assets located in Argentina; (iii) refinancing of outstanding debt and/or; (iv) contributions to capital of a controlled or related corporation; provided that such corporation uses the proceeds of such contribution for the purposes specified above.

The notes are listed at the Mercado de Valores de Buenos Aires S.A. (Buenos Aires Stock Exchange) and in Mercado Abierto Electrónico S.A.

Dietrich S.A. is one of the main groups of retail of the automobile industry in Argentina. It has 51 years of trajectory in the market. Since its foundation in 1964, has diversified to reach the position of leadership in solutions of mobility.

Counsel to Dietrich S.A.

Counsel to Raymond James Argentina S.A. as arranger and placement agent, to Banco Supervielle S.A. as placement agent and to Banco Patagonia S.A. as co-placement agent:

Tanoira Cassagne Abogados. Senior Partner: Alexia Rosenthal, Junior Partner: Jaime Uranga and Associates: Ignacio Nantes and Tomas Lipka.