UNDERWRITING AGREEMENT Dated February 23, 2015 REPÚBLICA ORIENTAL DEL URUGUAY, acting through the Ministry of Economy and Finance ANDUnderwriting Agreement • February 27th, 2015 • Uruguay Republic Of • Foreign governments • New York
REPÚBLICA ORIENTAL DEL URUGUAY acting through the Ministry of Economy and Finance (the “Republic”) proposes to issue and sell to the underwriters named in Schedule II hereto (the “Underwriters”) an additional U.S.$1,200,000,000 aggregate principal amount of its 5.100% USD Bonds due 2050 (the “Reopening Securities” and together with the Original Securities, as defined below, the “Securities”). The Reopening Securities will be issued pursuant to an Indenture, dated as of May 29, 2003 (the “Indenture”), among the Republic, Banco Central del Uruguay (“Banco Central”), as the Republic’s financial agent, and the trustee named therein (the “Trustee”). A copy of the executed Indenture was filed on June 9, 2003 as an exhibit to a post-effective amendment to registration statement No. 333-103739, under Schedule B of the Securities Act of 1933, as amended (the “Securities Act”), dated March 11, 2003, of the Republic.
