Buenos Aires, September 18, 2013
COMISIÓN NACIONAL DE VALORES
Argentine Securities and Exchange Commission
25 de Mayo 175
Issuers´ Sub-Management Office
BOLSA DE COMERCIO DE BUENOS AIRES
Argentine Stock Exchange
Sarmiento 299
Re.: Material Fact –Offer changed
Dear Sirs,
I hereby address you in the name and on behalf ofEmpresa Distribuidora y Comercializadora Norte S.A. (EDENOR)(“the Company”) and in compliance with applicable statutory rules, for the purpose of informing you that at the meeting held on September 17, the Company´s Board of Directors resolved to accept the proposal received on September 5, 2013 from Pampa Energía S.A. in connection with the sale of Emdersa Generación Salta S.A. (EGSSA) made in October, 2011. Said proposal includes a change in the means of payment of the price balance, i.e. the purchaser Pampa Energía S.A. may pay the price balance to the seller EDENOR on its maturity date, by means of (i) a wire transfer to the bank account reported by EDENOR (as originally agreed-upon), and/or (ii) the delivery, at market price, of Notes Class No. 9 with maturity date of 2022 and/or Notes at Par with maturity date of 2017, both issued by the Company, for a value equal to the price balance, plus interest.
As this is defined as arelated party-transaction involving arelevant amount under the provisions of section 72 of Argentine Capital Markets Law, the opinion of the Company’s Audit Committee was timely requested, which was actually rendered today at the Company’s Board of Directors’ meeting, in the sense that the transaction conditions may be considered appropriate for ordinary market conditions.
The opinion rendered by the Audit Committee in connection with the matter at issue is available to the shareholders at the Corporate Headquarters.
Best regards,
Carlos D. Ariosa
Attorney-in-fact
Empresa Distribuidora y Comercializadora Norte S.A. | ||
By: | /s/ Leandro Montero | |
Leandro Montero | ||
Chief Financial Officer |