Telefonica del Peru SAA Appoints New CEO

Telefonica del Peru SAA announced that Mr. Alvaro Julio Badiola Guerra has resigned as Chief Executive Officer of the Company, with effect from June 30, 2012, for personal reasons. To fill in the vacant post, the Board of Directors has appointed Mr. Cesar Augusto Linares Rosas as the new Chief Executive Officer of the Company, with effect from July 1, 2012.