“CARFACIL III” Financial Trust for AR$ 67,452,350

Deal counsel in the issuance and placement in Argentina of trust securities for AR $ 67,452,350 issued under the “CARFACIL III” Financial Trust, in which TMF Trust Company (Argentina) S.A. as the trustee of the Financial Trust “FINANCIAL TRUST CARFAUTO” acted as trustor, Banco de Valores S.A. acted as trustee, organizer and replacement servicer and Ralf S.A. acted as credit administrator and payment agent.