As amended by Resolution of the Shareholders on August 20, 1980.
THE COMPANIES LAW
COMPANY LIMITED BY SHARES
MEMORANDUM OF ASSOCIATION
APCO ARGENTINA INC.
2. The Registered Office of the Company shall be at the offices of Messrs. Maples and Calder, P.O.
Box 309, Citibank Building, Grand Cayman, Cayman Islands, British West Indies or at such other place as the
Directors may from time to time decide.
3. The objects for which the Company is established are as follows:
(b) To undertake, contract for or carry on any business incidental to or in aid of, or
convenient or advantageous in pursuance of any natural resources or energy fuels
(c) To carry on the business of an investment company and to carry on business as
financiers, capitalists, concessionaires and merchants and to undertake and carry on
and execute all kinds of investment, financial, commercial, trading and other operations
and without prejudice to the generality of the foregoing, to lend money for the purpose
of advancing directly or indirectly the objects of the Company and to invest and
reinvest its funds, and take, hold and deal with real and personal property as security
for the payment of funds so loaned or invested.
(d) To carry on in any part of the world whether as principals, agents or otherwise
howsoever the business of realtors, developers, consultants, estate agents or managers,
builders, contractors, engineers, manufacturers, dealers in or vendors of all types of
property including services, and to act as promoters and entrepreneurs.
(ii) To exercise and enforce all rights and powers conferred by or incidental to the
ownership of any shares, stock, obligations, or other securities including without prejudice to
the generality of the foregoing all such veto or control as may be conferred by virtue of the
holding by the Company of some special proportion of the issued or nominal amount thereof, to