0001019155-06-000004 Sample Contracts

AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY RECEIPTS Deposit Agreement Dated as of _________________, 2006 DEPOSIT AGREEMENT
Deposit Agreement • January 6th, 2006 • Macro Bansud Bank Inc. • New York

DEPOSIT AGREEMENT dated as of _______________, 2006, among BANCO MACRO BANSUD S.A., incorporated under the laws of Argentina (herein called the Issuer), THE BANK OF NEW YORK, a New York banking corporation (herein called the Depositary), and all Owners and holders from time to time of American Depositary Receipts issued hereunder.

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