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IRSA Inversiones y Representaciones Sociedad Anonima News

Webcast Alert: IRSA Announces Second Quarter 2008 Earnings Webcast

Buenos Aires, Argentina, Feb. 11 PRNewswire-FirstCall — IRSA (NYSE: IRS) announces the following Webcast:

What: IRSA's 2nd Quarter 2008 Conference Call When: Wednesday, February 13, 2008 @ 9:00 AM Eastern Where: http://www.videonewswire.com/event.asp?id=45924 How: Live over the Internet — Simply log on to the web at the address above. Contact: Esteban Grinberg, egrinberg@irsa.com.ar, (54 11) 4814-7846

If you are unable to participate during the live webcast, the call will be archived at http://www.videonewswire.com/event.asp?id=45924.

Founded in 1943, IRSA is Argentina's largest and most diversified real estate company and it is the only company within the industry whose shares are listed in the Bolsa de Comercio de Buenos Aires and The New York Stock Exchange.

IRSA's principal activities consist of: — The acquisition, development and operation of office and other non-shopping center retail properties primarily for rental purposes. — The acquisition and development of residential properties primarily for sale. — The acquisition, development and operation of shopping center properties. — The acquisition of undeveloped land reserves for future developments for sale. — The acquisition, and operation of luxury hotels.

IRSA is the best vehicle to access the Argentine real estate market. Its solid and diversified portfolio of properties has established the Company as the leader in the sector in which it participates. The Company's capacity and the strength of its management is reflected by its ability to take advantage of opportunities and maximize the Company's value and return for its shareholders.

The Company's strategy consists in increasing its cash flow, income and value of its assets by continuously expanding its business portfolio.

SOURCE IRSA Inversiones y Representaciones Sociedad Anonima