RESOLUTION OF THE DIRECTORS
OF
MERCIER INTERNATIONAL S.A.

The undersigned, being the Directors of the Company, a company incorporated under the laws
of Panama do hereby adopt the following resolution with effect as of 15.07.2010

It is hereby,

RESOLVED that the bank Clariden Leu AG, Ztirich (the "Bank") is
designated as a depository of the Company and that a banking
relationship be opened for the Company with the Bank (the
"Banking Relationship").

RESOLVED that a Special power of attorney (the "Special Power of
Attorney") be and is hereby granted to:

Nestor Osvaldo Grindetti
Nationality: Argentinean
Date of birth: 24.02.1955
Domicile Address:

Buenos Aires, A entina

Passport 1612*

to open the Banking Relationship;

to sign individually the account opening forms with the Bank;
to grant with respect to the Banking Relationship signatory
powers for the Company to third parties and to the persons

mentioned above and to sign the relevant forms of the Bank;
and

to therea?cr sign all other necessary documents and forms used
by the Bank in connection with the management of any
accounts held by the Company under the Banking Relationship

in lieu of the Directors of the Company.
RESOLVED that the Special Power of Attorney be and is hereby granted
without the power of substitution and shall be governed by the

laws of Panama

These consent actions are issued on and shall be effective as per 15.07.2010

The Company by its Directors



 

ose elend . Jaquelin