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“América Móvil ratifies information published in the media”

Mexico City, Mexico, February 27, 2015. América Móvil, S.A.B. de C.V. ("América Móvil") [BMV: AMX] [NYSE: AMX] [NASDAQ: AMOV] [LATIBEX: XAMXL], as requested by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores), hereby ratifies the information disclosed by its Argentinian subsidiary (Claro) that has been published by the media regarding investment plans in said country. With respect to the aforementioned, AMX ratifies that its Argentinian subsidiary has planned to allocate approximately $400 million dollars per year during the next five years to cover their capital expenditures, including investment in its third generation network (3G), expansion of its fiber optic network and deployment of its fourth generation network (4G), and thus expand its coverage and capacity. The aforesaid amount is added to the approximately $640 million dollars related to the acquisition of spectrum that was auctioned in Argentina at the end of 2014.

This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX 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,” “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. AMX 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.