Currency and Denomination: Issued and denominated in U.S. Dollars.

Currency and Denomination: Issued and denominated in Euros.

The Republic of Chile

Issuer: Republic of Chile.

The following are the most relevant provisions contained in the Constitution of Chile and Chilean laws governing incurrence in public indebtedness by the Republic of Chile, referred to in the opinion letter dated as of ​ by Morales & Besa Limitada, Abogados, special Chilean Counsel to the Republic of Chile.

…” Free English Translation CONSTITUTION OF THE REPUBLIC OF CHILE

Article 7th.- The Treasurer General of the Republic is hereby authorized to represent the Republic of Chile in the administration of this long term public debt issuance, for which purposes the Treasurer General of the Republic shall be authorized, but not limited, to:

Article # The President of the Republic is hereby authorized to contract debt obligations in Chile or abroad up to the amount of ​ or the equivalent thereof in other foreign currencies or in domestic currency, which, for the purposes of indebtedness, shall be included in the General Revenues of the Nation.

Authorize the General Consul of Chile in New York, according to section second of [Article 45] of Law Decree No. 1,263, of 1975, so that in the event that the agreements and documents hereby indicated are granted or subscribed abroad and the General Treasurer of the Republic does not concur to its execution, the General Consul in New York grants or executes such agreements and documents in its representation, and that in representation of the General Comptroller of the Republic, and at its petition, proceeds to endorse these.

The total aggregate maximum amount of the issues and Reopenings authorized hereby shall be of up to ​ of the United States of America (​). Of the total issued under this authorization, a maximum of up to an equivalent of ​ USA (​) may be used for the total or partial prepayment (hereinafter, the “Repurchase”) of one or more series of bonds previously issued by the Republic of Chile, which are detailed below: