PURCHASE AGREEMENTPurchase Agreement • April 1st, 2008 • Bolivarian Republic of Venezuela
This agreement (the “Agreement”) is entered into this 31st day of March 2008, between the Bolivarian Republic of Venezuela, by the Ministry of the Popular Power for Telecommunications and Information Technology (the “Purchaser”), represented in this act by Socorro Hernández, Minister, a Venezuelan citizen, of legal age, appointed by Presidential Decree No. 5,792 of January 4, 2008, published in the Official Gazette No. 38,843 of the same date, and Renaissance Technologies LLC, a limited liability company organized and existing under the laws of Delaware, United States of America (“Seller”), represented in this act by its Executive Vice President Mark Silber, a citizen of the United States of America, of legal age, concerning the purchase by the Purchaser and the sale by Seller of Three Million Six Hundred Thirteen Thousand Nine Hundred Ninety-Six (3,613,996) American Depositary Shares (“ADSs”), each representing seven (7) Class D shares of Compañía Anónima Nacional de Teléfonos de Vene
