December 23rd, 2015. The Central Bank of Uruguay, in accordance with the instructions of the Ministry of Economy and Finance, granted the option to choose the currency in which the payment of interest and amortization of Nominal Peso Treasury Notes Series 2 due on 1/27/2016 shall be made, which may be received in Pesos or US Dollars.

Only the bondholders who have a preference for payment in US Dollars shall proceed as indicated in the Communication (available in Spanish).

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