Pampa Energía (PAM) 6-K Current report (foreign)

Buenos Aires, May 7th, 2019.

COMISIÓN NACIONAL DE VALORES

BOLSAS Y MERCADOS ARGENTINOS S.A.

Ref.:    Relevant Event. Report on Repurchase of Shares.

DearSirs,

I am writing to you, in my capacity as Head of Market Relations of Pampa Energía S.A. (the “Company”), in order to inform the shares acquired in the process to repurchase its own shares, in addition of the Relevant Events published on April 3^rd, 4^th, 9^th, 10^th, 11^th, 12^th and 16^th, 17^th and 18^th, 22^nd, 23^rd, 25^th, 26^th, 29^th and 30^th and on May 2^nd, 3^rd and 6^th2019, in accordance with art. 64 of Law 26.831, the National Securities Commission (“Comisión Nacional de Valores”) regulations and the terms and conditions approved by the Board of Directors on its meeting held on March 27^th, 2019, as informed to the market on the Relevant Event published on that same date.

To this regard the Company has acquired, on the date hereof, 100,000 ADRs (each representative of 25 ordinary shares of the Company), in the amount and at a price per share and ADR that is described below:

Date of Acquisition	Amount of ADRs	Price US$	Total Amount - US$	Broker
5-7-19	100,000	22.686280	2,268,628	SBS Trading S.A.

Sincerely,

________________________________

Victoria Hitce

Head of Market Relations