By letter dated  November 11, 2015 the Company reported that in compliance with the regulations in force, please regard the following information for the three-month periods ended September 30, 2015 and 2014 as duly received:

In compliance with Section o) of the referred Regulations, we report that as of the closing date of the financial statements, the Company’s capital stock was ARS 501,642,804, divided into 501,642,804 common, registered, non-endorsable shares of ARS 1 par value each and entitled to one vote per share.

The Company’s principal shareholder is Inversiones Financieras del Sur S.A with 184,416,710 shares, accounting for 36.76% of the issued and subscribed capital stock.

In addition, we report that as of September 30, 2015, after deducting Inversiones Financieras del Sur S.A.’s interest and the treasury shares, the remaining shareholders held 310,596,519 common, registered, non-endorsable shares of ARS 1 par value each and entitled to one vote per share, accounting for 61.9% of the issued and subscribed capital stock.

Below are the highlights for the three-month period ended September 30, 2015:

·         Net loss for the first quarter of 2016 was ARS 361.8 million compared to income for ARS 21.7 million in the same period of 2015, mainly due to the change in the valuation method applied with respect to our subsidiary IRSA’s investment in IDB Development Corporation.

·         Profit from operations rose 12.5% in the quarter, mainly due to higher revenues and sales of investment properties derived from the urban segment, offset by lower profits from the agricultural segment.

·         During this quarter we made no sales of farmlands in the region.

·         We expect to plant approximately 176,000 hectares in the region.

·         Our subsidiary Brasilagro declared dividends for BRL 80.7 million (BRL/share 1.3977) that will become payable on November 13, 2015.