Statement of Daniel A. Pollack, Special Master in Argentina Debt Litigation

NEW YORK, July 30, 2014 /PRNewswire/ -- Daniel A. Pollack, the Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations between the Republic of Argentina and its Bondholders, issued the following Statement tonight:

"A delegation from the Republic of Argentina, led by the Minister of the Economy, Axel Kicillof, and the principals of the large Bondholders met tonight for several hours in my office and in my presence. These were the first face-to-face talks between the parties. There was a frank exchange of views and concerns. The issues that divide the parties remain unresolved. Whether and when the parties will meet tomorrow (July 30) remains to be determined overnight."