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     620  0 Kommentare Camposol Announces Payment of Participation Fee to all Bondholders Participating in its Exchange Offer and Expiration Date Extension

    Lima, May 5, 2016 - Camposol S.A. (the "Company"), announced today that it will pay to all Eligible Holders that tender their 9.875% Senior Notes due 2017 (the "Existing Notes") and do not validly withdraw their Existing Notes prior to midnight on May 19, 2016 (the "Revised Expiration Date"), in the context of its previously announced offer to exchange Existing Notes for New Notes (the "Exchange Offer"), a participation fee payable in cash at closing (the "Participation Fee") equal to 1.00% of the principal amount of the Existing Notes tendered and accepted for exchange in the Exchange Offer. The Participation Fee will be paid to all Eligible Holders who have previously tendered their Existing Notes and any additional Eligible Holders who tender their Existing Notes prior to the Revised Expiration Date. The Participation Fee will be in addition to the 0.25% processing fee payable to individual Eligible Holders tendering Existing Notes in a principal amount of US$500,000 or less.

    Camposol also announced that it has extended the Expiration Date for the Exchange Offer from May 6, 2016 to the Revised Expiration Date. This extension is required by the provisions of Rule 14e-1 of the U.S. Exchange Act which subjects any exchange offer that provides for a change in the offering consideration to be extended by not less than ten business days.

    Camposol has prepared a Supplement dated the date hereof (the "Supplement") to the Exchange Offer Memorandum dated April 11, 2016 (the "Exchange Offer Memorandum"). The Supplement, among other things, includes preliminary financial information of the Company for the three months ended March 31, 2016 and 2015, prepared based on internal management accounts, which information has not been audited nor subject to a limited review by Camposol's external auditors.

    The Exchange Offer was made pursuant to the terms and remains subject to satisfaction of the conditions set forth in the Exchange Offer Memorandum, as supplemented by the Supplement. As of the date of this press release, a total of 63.07% in principal amount of the Existing Notes outstanding have been tendered by Eligible Holders. The Participation Fee will only be payable by the Company if the conditions to the Exchange Offer set forth in the Exchange Offer Memorandum, as supplemented by the Supplement, are satisfied or if the Company waives such conditions and proceeds to settlement of the Exchange Offer. The Participation Fee will only be paid to Eligible Holders who effectively tender their Eligible Notes in the Exchange Offer.

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    Camposol Announces Payment of Participation Fee to all Bondholders Participating in its Exchange Offer and Expiration Date Extension Lima, May 5, 2016 - Camposol S.A. (the "Company"), announced today that it will pay to all Eligible Holders that tender their 9.875% Senior Notes due 2017 (the "Existing Notes") and do not validly withdraw their Existing Notes prior to midnight on …