Masmovil Ibercom : Block Trades

SPANISH SECURITIES MARKET COMMISSION (CNMV)

In compliance with the reporting requirements set forth in article 17 of Regulation (EU) 596/2014 of 16 April 2014 on Market Abuse (Market Abuse Regulation) and article 228 of the consolidated text of the Securities Market Act, approved by Royal Legislative Decree 4/2015, of 23 October, PLT VII MAS, S.à r.l. (the "Selling Shareholder") notifies the Spanish Stock Market Commission (Comisión Nacional del Mercado de Valores or CNMV) the following

SIGNIFICANT INFORMATION ANNOUNCEMENT

Deutsche Bank AG, London Branch and J.P. Morgan Securities plc, acting as joint bookrunners, are today conducting a private placement of a block of 2,200,000 ordinary shares of MásMóvil Ibercom, S.A. (the "Issuer"), representing approximately 11.03% of its issued share capital, on behalf of the Selling Shareholder, a company controlled by funds advised by Providence Equity Partners L.L.C., by way of an accelerated bookbuilding ("ABB") among qualified investors, expected to be completed tomorrow.

The terms of the ABB, including the final size and the definitive price per share, will be determined upon completion of the accelerated bookbuilding and will be notified in due course through a further significant information announcement.

Following the ABB, the Selling Shareholder or affiliates thereof will continue to hold 1,391,565 ordinary shares of the Issuer, representing approximately 6.97% of its issued share capital, and €178,535,009.34 in principal amount of a convertible bond maturing in October 2024 and currently convertible into 8,115,227 ordinary shares of the Issuer at a strike price of €22 per share which, together with the ordinary shares held by them, represent approximately 28.72% of its fully-diluted issued share capital following conversion of the convertible bond and other outstanding convertible instruments.

Subject to certain customary exceptions, the Selling Shareholder has undertaken not to dispose of its ordinary shares and the convertible bonds held by its affiliates except with the prior consent of the joint bookrunners for a period of 90 days.

Luxembourg, 22January 2018.

PLT VII MAS, S.à r.l.

____________________ Sinisa Krnic

IMPORTANT INFORMATION

This document is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan or any country or jurisdiction where the distribution of such document is restricted by law.

The securities herein referred to have not been and will not be registered under the U.S. Securities act of 1933 or under other jurisdiction of the United States of America, or the applicable securities laws of Canada, Australia or Japan. Accordingly, the securities may not be offered, exercised or sold in the United States, Canada, Australia or Japan, or in any other country or jurisdiction other than in compliance with the applicable laws of that country or jurisdiction, or on behalf or for the benefit of any person in the United States, Canada, Australia or Japan.