Argentina

TS - Tenaris S.A.

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Tenaris S.A. (NYSE:TS) manufactures seamless steel pipe products on a global basis. The Company also provides pipe handling, stocking, and distribution services to the oil and gas, energy, and mechanical industries. In addition, Tenaris supplies welded steel pipes for gas pipelines in South America.
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TS

YPF - YPF Sociedad Anonima

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YPF Sociedad Anonima (NYSE:YPF) explores for, develops, and produces oil and natural gas in South America, the United States, and Indonesia. The Company also refines, markets, transports, and distributes oil and other petroleum products, petroleum derivatives, petrochemicals, and liquid petroleum gas.

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YPF

TEO - Telecom Argentina

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Telecom Argentina SA (NYSE:TEO) provides telecommunications services including local, long distance and international service in Argentina. The company, through its subsidiaries, also provides cellular telecommunications services, publishes telephone directories, and offers paging services.

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TEO

PZE - Petrobras Energia Participaciones

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Petrobras Energia Participaciones S.A. (NYSE:PZE) is one of the largest oil & gas companies based in Argentina. PZE is a holding company for Petrobras Energia S.A. The company operates within the entire oil and gas value chain, from exploration and production (E&P) to refining,transportation, purchasing, marketing and the distribution of oil & gas and oil-related products. PZE carries out its activities through Oil & Gas E&P, Petrochemicals, Refining and Distribution, and Gas & Energy.

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PZE

MELI - MercadoLibre

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MercadoLibre Inc. (NasdaqNM:MELI) operates an online trading site for the Latin American markets. The Company's website allows businesses and individuals to list items and conduct sales and purchases online in either a fixed-price or auction format. MercadoLibre offers classified advertisements for motor vehicles, vessels, aircraft, real estate and services, and offers online payment services.

Ticker: 
MELI

GGAL - Grupo Financiero Galicia

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Grupo Financiero Galicia S.A. (NasdaqSC:GGAL) is one of the leading financial services companies in Argentina. Through its subsidiaries, Galicia is engaged in commercial banking and provides a variety of banking products and services to corporations, medium- and small-sized companies, and individuals. These services include personal and corporate loans, deposit-taking, credit and debit cards, residential mortgage loans, fiduciary and custodial services, and electronic banking.

Ticker: 
GGAL

CRESY - Cresud

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Cresud (NasdaqNM:CRESY) is one of the leading agricultural companies in Argentina. The company carries out a diverse range of activities including crop production, cattle raising and milk production. As of December 2007, the company owned approximately 466,053 hectares of farm land. During FY2007, the company leased 25,307 hectares from third parties for crop production and 29,208 hectares for beef cattle production. Cresud also deals in the real estate business through Inversiones y Representaciones Sociedad Anonima.

Ticker: 
CRESY

BMA - Banco Macro

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Banco Macro SA (NYSE:BMA) attracts deposits and offers retail and commercial banking services. It offers Visa and Amex credit cards, consumer loans, insurance, and other financial services. The company operates in Argentina and in the Bahamas through its subsidiary Sun Bank & Trust.

Ticker: 
BMA
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