Grupo Supervielle S.A. Agrees to Acquire Auto Loan Company Micro Lending S.A.

Expands into the Car Loan Segment

Grupo Supervielle S.A. SUPV;SUPV, ("Supervielle" or the "Company") a universal financial services group headquartered in Argentina with a nationwide presence, announced today that it has agreed to acquire 100% (or 4,000,000 ordinary shares) of the share ownership of Micro Lending S.A. ("MILA") for a cash price of US$20 million, subject to final adjustments. Specialized in car financing, particularly for used cars, MILA is estimated to rank 4^th in the Argentine new and used car loan market, holding a total market share of approximately 6%, or 10% when considering the used car market on a stand-alone basis.

Patricio Supervielle, Grupo Supervielle's Chairman and CEO, noted: "We believe the acquisition of MILA will allow us to complement our product offering and play a relevant role in the attractive car loan market, a key strategic segment. Through its 32 branches across the country and over 5,000 related agencies, MILA is well-positioned to continue capturing the attractive growth potential we see in this market, particularly in used car financing. Approximately two million used cars are expected to be sold in 2018, doubling the expected annual new car sales, and only around 8% of used cars are sold with financing a loan attached. The transaction will also provide MILA with access to funding to accelerate its growth strategy and leverage its current platform, while creating cross-selling opportunities across our Company and is expected to generate tax and operating synergies from the integration."

MILA´s loan portfolio, including its securitized and sold portfolio, totaled approximately Ps.900 million as of December 31, 2017 and close to 19,000 car loans with an average term of approximately 30 months. MILA also manages over 15,000 automobile insurance policies that generate monthly revenues. As of December 31, 2017, MILA had 90 employees. In its 12 years of operations, MILA has originated more than 77,000 car loans totaling US$430 million in origination.

The acquisition is expected to close in 2Q18 and remains subject to certain customary conditions precedent.

About Grupo Supervielle S.A. SUPV; SUPV

Grupo Supervielle S.A. ("Supervielle") is a holding company with a long standing presence in the Argentine financial system and a competitive leadership position in certain attractive market segments. It was founded by the Supervielle family, which took its first steps in the banking sector in 1887 and is now controlled by Patricio Supervielle. Its shares are listed in BYMA and NYSE since May 2016. Grupo Supervielle has developed a multi-brand business model to differentiate financial products and services offered to a broad spectrum of individuals, small and medium-sized enterprises and large companies in Argentina. To date, it is made up of Banco Supervielle, Cordial Compañía Financiera, Tarjeta Automática, Supervielle Seguros, Espacio Cordial de Servicios, Supervielle Asset Management and Sofital.

Safe Harbor Statement

This press release contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Supervielle and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "seek," "future," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) changes in general economic, financial, business, political, legal, social or other conditions in Argentina or elsewhere in Latin America or changes in either developed or emerging markets, (ii) changes in regional, national and international business and economic conditions, including inflation, (iii) changes in interest rates and the cost of deposits, which may, among other things, affect margins, (iv) unanticipated increases in financing or other costs or the inability to obtain additional debt or equity financing on attractive terms, which may limit our ability to fund existing operations and to finance new activities, (v) changes in government regulation, including tax and banking regulations, (vi) changes in the policies of Argentine authorities, (vii) adverse legal or regulatory disputes or proceedings, (viii) competition in banking and financial services, (ix) changes in the financial condition, creditworthiness or solvency of the customers, debtors or counterparties of Grupo Supervielle, (x) increase in the allowances for loan losses, (xi) technological changes or an inability to implement new technologies, (xii) changes in consumer spending and saving habits, (xiii) the ability to implement our business strategy and (xiv) fluctuations in the exchange rate of the Peso. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Grupo Supervielle's filings with the U.S. Securities and Exchange Commission (SEC) and Comisión Nacional de Valores (CNV). Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as the date of this document. Grupo Supervielle is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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