CABLEVISIÓN HOLDING S.A.

(the "Company")

APPLICATION FOR BLOCK LISTING


20 February 2018

Further to its announcement of 16 February 2018, the Company announces that applications have been made today to the UK Listing Authority ("UKLA") and the London Stock Exchange ("LSE"), respectively, for a block listing of up to 121,106,082 global depositary shares, evidenced by global depositary receipts.

It is expected that up to 121,106,082 global depositary shares of the Company, evidenced by global depositary receipts, will be admitted to the UKLA's Official List and to trading on the LSE's Main Market on 21 February 2018.

This disclosure is made pursuant to paragraph 3.5.5R of the Listing Rules.

Further information about the Company is available on its website at: https://www.cablevisionholding.com/

Enquiries

For further information, please contact:

Cablevisión Holding S.A.:

Mr. Agustín Medina Manson

Head of Investor Relations

Mr. Patricio Gentile

Sr. Analyst of Investor Relations

www.cablevisionholding.com

Email: ir@cablevisionholding.com

Tel: (+54 11) 4309 - 3417

Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Cablevisión Holding S.A. or its subsidiaries. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might", the negative of such terms or other similar expressions. Such statements are only predictions and actual events or results may differ materially. Cablevisión Holding S.A. does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Cablevisión Holding S.A., including, among others, general economic conditions, the competitive environment, risks associated with operating in the Republic of Argentina, rapid technological and market change in the industry in which Cablevisión Holding S.A. operates, as well as many other risks specifically related to Cablevisión Holding S.A. and its operations.

The information contained in this announcement does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of any securities of Cablevisión Holding S.A. in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.

The information contained in this announcement does not constitute or form part of any offer for sale or subscription of or solicitation of any offer to buy or subscribe for any securities in the United States, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Under the U.S. Securities Act of 1933, as amended (the "Securities Act"), securities may not be offered or sold in the United States absent registration or an exemption from registration. The class B Shares of Cablevisión Holding S.A. have not been, and will not be, registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. Cablevisión Holding S.A. will be relying on an exemption provided by Rule 12g3-2(b) under the U.S. Securities Exchange Act of 1934 (as amended) and therefore will not be required to register its global depositary shares or underlying class B shares with the U.S. Securities and Exchange Commission.

This document is an advertisement and is not a prospectus for the purposes of the Prospectus Directive. A prospectus prepared pursuant to the Prospectus Directive has been published, which can be obtained from Cablevisión Holding S.A. at its registered office. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU) and includes any relevant implementing measure in the relevant Member State.

In any European Economic Area ("EEA") Member State that has implemented the Prospectus Directive, this communication is only addressed to and directed at qualified investors in that EEA Member State within the meaning of the Prospectus Directive.