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November 28, 2006

New York Stock Exchange: Argentine Corporate Day

NEW YORK, Nov. 27 -- Leading Argentine companies traded in the United States took part in the first "Argentine Corporate Day" held at the New York Stock Exchange headquarters.

ARGENTINA NYSE, New York Stock Exchange


PHOTO: Argentine companies ringing the opening bell at the Argentine Corporate Day at the New York Stock Exchange.

The event was attended by the main executives -- CEOs, CFOs, and directors -- of major companies from Argentina, representing a broad spectrum of economic activity, notably, Banco Hipotecario, Banco Macro, Cresud, IRSA, Metro Gas, Telecom Argentina, Tenaris and TGS.

The purpose of the gathering was to reinforce the presence of Argentine companies in the international market, in view of the growing interest that this country has been awakening among investors.

During the day, executives presented the main development projects of their companies at a press conference and in meetings with investors.

The day began at the New York Stock Exchange with the traditional opening bell, the signal for the start of trading, initiated by Argentine executives, followed by a large press conference with the international and Argentine media.

During a luncheon prior to the schedule of meetings with investors, the Argentine executives, together with representatives from banks, investment funds and government authorities, attended a panel titled "Argentina: Business Prospects for 2007".

The event included participation from three panelists: Sergio Berensztein (Director of Di Tella University), Gustavo Canonero (Deutsche Bank New York) and Walter Molano (BCP Securities). The panelists emphasized Argentina's considerable growth and good prospects as reflected in social and economic indicators.


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Edited & Posted by Surender Hastir | 3:37 PM | Link to this Post


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