Nortel Inversora Sa /Adr/ Sample Contracts

JOINT FILING AGREEMENT
Joint Filing Agreement • June 24th, 2004 • Nortel Inversora Sa /Adr/ • American depositary receipts

The undersigned hereby agree that the Amendment No. 1 to the Statement on this Schedule 13G, dated June 24, 2004, (the "Schedule 13G"), with respect to the Class B Preferred Shares of Nortel Inversora S.A. is filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to this Schedule 13G. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

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JOINT FILING AGREEMENT
Joint Filing Agreement • February 14th, 2007 • Nortel Inversora Sa /Adr/ • American depositary receipts

The undersigned hereby agree that the Amendment No. 2 to the Statement on Schedule 13G dated June 24, 2004 (the “Schedule 13G”) with respect to the Series B Preferred Shares of Nortel Inversora S.A. is filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(d) under the Securities and Exchange Act of 1934, as amended, and that this Joint Filing Agreement (this “Agreement”) shall be included as an exhibit to the Amendment No. 2. Each of the undersigned agrees to be responsible for the timely filing of any amendments to the Schedule 13G, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

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