Contacts in Buenos Aires

Investor Relations

Leandro Perez Castaño, Finance & IR Manager

leandro_perez@tgs.com.ar

Carlos Almagro, Investor Relations

calmagro@tgs.com.ar

Tel: (54-11) 4865-9077

MATERIAL FACT. DIVIDEND PAYMENT

Buenos Aires, Argentina, August 8, 2018. Transportadora de Gas del Sur S.A. ("TGS" or "the Company") (NYSE: TGS, MERVAL:TGSU2) announced that as per the delegation of authority conferred by the Regular and Special Shareholders' Meeting dated April 10, 2018, in its meeting held today TGS' Board of Directors approved the distribution of AR$ 1,220,000,000 as cash dividends for the period ended December 31, 2017, to be disposed of the Future Dividends Payment Reserve. For each AR$ 1 face value share, shareholders shall get AR$ 1.53556607082 as cash dividend. The dividend amount to be paid represents 153.556607082% of the face value of the capital stock. Cash dividends shall be available for payment as from August 22, 2018 through Caja de Valores S.A. (Argentine Central Securities Depositary), located at 25 de Mayo 362 Ciudad de Buenos Aires, Argentina, from 10 am to 3 pm. Holders of American Depositary Receipts (ADRs) shall collect dividends though Citibank, N.A., depositary bank of said receipts.

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TGS - Transportadora de Gas del Sur SA published this content on 09 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 August 2018 19:29:04 UTC