1.
CU ZOOM OUT TO GV ARGENTINE FLAG ON GOVERNMENT BUILDING
0.05

2.
SV ZOOM INTO SCU UNION PARTY MEMBERS
0.11

3.
SV MILITARY LEADERS TALKING TO BISHOP
0.14

4.
SCU THE TWO RETIRING MINISTERS
0.21

5.
SV LUDER AND TORANZO STANDING ON ROSTRUM
0.26

6.
SV PERON ENTERS ROOM AS UNION PARTY MEMBERS APPLAUD
0.32

7.
MV DELEGATES LOOK ON
0.38

8.
SCU MONDELLI BEING SWORN IN AS DELEGATES APPLAUD (2 SHOTS)
0.58

9.
SCU UNAMUNO BEING SWORN IN PAN TO PERON SPEAKING
1.07

10.
SCU ZOOM OUT TO MV UNAMUNO PLACING HIS HAND ON BIBLE AS DELEGATES APPLAUD. (2 SHOTS)
1.20

11.
MV PERON SHAKING HANDS WITH UNAMUNO
1.25



Initials RH/1510 RH/JA/MR/1535



Script is copyright Reuters Limited. All rights reserved

Background: Argentine President, Maria Estela Peron, has completed her cabinet re-shuffle with the swearing in of two new Ministers.

The new Ministers in the cabinet are Emilio Mondelli, 60, President of the Central Bank who takes the portfolio of the Economy, and Miguel Unamuno, 45, leader of the Bank Workers' Union who takes up the Ministry of Labour.

They replace Antonio Cafiero (Economy) and Carlos Ruckauf (Labour) both of whom retired last month.

According to observers President Peron apparently believes that the new cabinet (six of her Ministers were replaced during the past three weeks) will assist her in winning the next Argentine election.

The cabinet re-shuffle is believed to have paved the way for President Peron's nomination as the Justicialist (Peronist) Party's Presidential candidate in the general elections due to be held later this year.

The two outgoing Ministers had the support of both the powerful General Labour Confederation and the armed forces but their replacements appear to have little backing from either group.

This could make President Person's nomination difficult especially if the armed forces take open exception to the new cabinet.

SYNOPSIS: In Buenos Aires, members of the Argentine Government, trade union leaders and senior members of the armed fores attended a swearing-in ceremony for two new cabinet Ministers. The ceremony follows the resignation last month of the Minister of the Economy Antonio Cafiero and Labour Minister Carlos Ruckauf.

The Leader of the Senate, Italo Luder and the Speaker of the Chamber of Deputies, Sanchez Toranzo, also attended the ceremony. This swearing-in marked the completion of President Maria Estela Peron's new cabinet. Six of her eight Ministers were replaced during the past three weeks.

One of the new Ministers is Emilio Mondelli, aged sixty. He is the President of the Argentine Central Bank and takes over as Minister of the Economy. President Peron apparently believes that the new Cabinet will assist her in winning the next Argentine general elections dur to be held later this year.

The other new face in the cabinet is Miguel Unamuno, aged forty five, who takes over as Minister for Labour. The cabinet re-shuffle is believed to have paved the way for President Peron's nomination as the Justicialist or Peronist Party's Presidential candidate. But the two out-going Ministers had the open support of both the General Labour confederation and the armed forces while their replacements appear to have little backing from either group.