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Grupo Financiero Galicia unit plans note issuance

unitBanco de Galicia y Buenos AiresSA approved the issuance of class II subordinated notes for a totalvalue of up to $300 million, or the equivalent thereof in other currencies

Thenotes will be issued under the global program for the issuance of short-,medium- or long-term notes for a maximum outstanding face value of up to $600million.

Bancode Galicia also approved the use of the funds received from the placement ofthe notes for the early redemption of subordinated notes due in 2019, issuedunder the global program for the issuance of notes of a maximum outstandingface value of up to $2 billion, and the early cancellation of othersubordinated loans that were incurred.