Grupo Financiero Galicia S.A. Announced that as a consequence of the passing of Mr. Garda Olaciregui, who previously served as a regular director of Grupo Financiero Galicia S.A., the Board of Directors of the Company has resolved, as of the date hereof, to appoint Mr. Ricardo M. Gonzalez to replace Mr. Garda Olaciregui as a regular director of the Company. Mr. Gonzalez, who is qualified as an independent director of the Company, will also serve as a part of the Audit Committee of the Company, which such committee shall be presided over by Ms. Claudia Estecho, who is also qualified as an independent director of the Company.