Autopistas del Sol S.A. Announces Final Results of Cash Tender Offer Press

BUENOS AIRES, Argentina, July 29 -- Autopistas del Sol S.A. (the "Company") today announced the final results of its offer to apply up to U.S.$18 million to repurchase its 9.35% Series A Senior Notes due 2004 and 10.25% Series B Senior Notes due 2009 (together, the "Existing Notes") and other unsecured financial indebtedness (the "Bank Debt" and, together with the Existing Notes, the "Existing Debt"), for cash (the "Cash Tender Offer") through a modified dutch auction. The Cash Tender Offer was commenced on May 1, 20035, 2003 and expired, after four extensions, at 5:00 p.m., New York City time, on July 24, 2003.

Based on the final count by the depositary (JPMorgan Chase Bank) for the Cash Tender Offer, the Company accepted for purchase U.S.$8,121,289 principal amount of Existing Debt at a purchase price of U.S.$380 per U.S.$1,000 principal amount of Existing Debt. The purchase price applies to all Existing Debt accepted for payment pursuant to the Cash Tender Offer.

The cash payment required to complete the Cash Tender Offer was U.S.$3,086,090. Payment for the Existing Debt accepted for purchase will be made promptly through the depositary.

The Information Agent for the Cash Tender Offer was D.F. King & Co., Inc. and its telephone number is (1 212) 493-6920. For further information, contact Autopistas del Sol S.A. at (54 11) 5789-8700.