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Restated Agreement for Issue of Warrants on Common Shares Sample Contracts

RESTATED AGREEMENT FOR ISSUE OF WARRANTS ON COMMON SHARES OF PAMPA ENERGÍA S.A. issued by Pampa Energía S.A. to Damián Miguel Mindlin April 16, 2009
Restated Agreement for Issue of Warrants on Common Shares • August 3rd, 2009 • Pampa Energy Inc.

This Restated Agreement (as defined below) is entered into between PAMPA ENERGIA S.A., a corporation regularly organized and existing under the laws of the Republic of Argentina (the “Company”), authorized to offer its shares to the public in accordance with the provisions of law 17,811, as amended and supplemented, including decree 677/2001 (the “Public Offering Law”), represented hereat by Diego Martín Salaverri, as resolved by the Ordinary and Extraordinary Shareholders Meeting held on April 8, 2009; and Damian Miguel Mindlin (the “Manager”), subject to the terms and conditions described below (the “Restated Agreement”):

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