2. Subject ARGENTINA – Overview. GRUAS SAN BLAS Summary. GRUAS SAN BLAS Business Plan

3. 1. ARGENTINA – Overview

4. Surface area: 3.761.274 Population (2009):40.2 million Geographical location: Argentina's continental area is between the Andes mountain range in the west and the Atlantic Ocean in the east. It borders Paraguay and Bolivia to the north, Brazil and Uruguay to the northeast, and Chile to the west and south.Andes mountain rangeAtlantic OceanParaguayBoliviaBrazilUruguayChile Politic system: Presidential Republic Federal. Elections (years): 2011 Relevant facts about the ARGENTINA. Full name: Argentine Republic Capital: Buenos Aires Major language: Spanish Literacy: 97,4 % Major religion: Christianity Life expectancy: 72 years (men), 79 years (women) (UN) Monetary unit: 1 peso = 100 centavos Main exports: Food and live animals, mineral fuels, cereals, machinery

5. Country Indicators 2004 / 2009 Índice de Referencia / Año 200420052006200720082009 Dólar libre ( en %) -0,333,710,653,2314,4 Reservas Internacionales 19686281203158455114607248184 PBI (Indice) 393,5319,9347,6379,2394,6404,9 Deuda Externa (miles de millones de U$D) 208823119356199356139700128112165700 Importaciones (miles de millones de U$D) 221182961134304443045149835214 Exportaciones (miles de millones de U$D) 348394021645981562336903556059 Desempleo (% poblacion activa) 14,811,611,410,28,47,3 1. ARGENTINA – Overview

6. Country Indicators 2004 / 2009

13. 1. ARGENTINA – Overview Construction % over total GDP: 6,7% Mining % over total GDP: 4% Other industries relevant for construction equipment: Timber - Automotive -Textile Chemistry - Siderurgico

14. Main Construction Companies 2. GRUAS SAN BLAS APR Analysis–Economic Segmentation. GRUAS SAN BLAS APR Construct. Norb. Odebrecht  Techint Cía. Técnica Intern.  Grupo Iecsa  Evangelista  Dycasa  Benito Roggio e Hijos  José Cartellone Construc.  Petersen Thiele y Cruz  Caputto  Constructora Sudamericana  Grupo Bautec  Criba  Construct. Roque Mocciola  Supercemento  Azzolini S.A.  Stieglitz S.A.  Helport S.A.  AEC S.A.  Socmer  Werefkin S.A.

15. Implication 2. GRUAS SAN BLAS APR Analysis–Economic Segmentation. GRUAS SAN BLAS APR

16. 2. GRUAS SAN BLAS APR Analysis–Economic Segmentation.

17. Mining activities  Implication Main mining companies. 

18. 2. GRUAS SAN BLAS APR Analysis–Economic Segmentation. GRUAS SAN BLAS APR Mining investments projections. It is expected that the mining sector is to grow at an annual average rate of 2.76% across the 2009-2013 period, reaching ahead of the economy as a whole, which will grow at 0.82%.

19. 2. GRUAS SAN BLAS APR Analysis–Economic Segmentation. Mining investments projections. The group of companies with exploration or mining interests in Argentina is currently exceeding 130, and from those, over 40% are headquartered in Canada. Nevertheless, it is interesting to point out that now 18% is from Argentinean origin. In terms of the stages in the Mining cycle in which the companies are, 14% are producing one or more of the following minerals: gold, silver, copper or lithium, among others. On the other side of the cycle, over 81% are devoted to exploration, that is to say are in the riskier stage in terms of the investments.