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Ferrovial

Ferrovial - Integrated annual report 2013 / Significant Events

January 18, 2013

Ferrovial Emisiones, S.A., a subsidiary of the Company, has successfully completed the pricing of a bond issue for 500 million euro, maturing on January 30, 2018 and secured by Ferrovial and some of its subsidiaries (the Bonds). The Bonds will pay an annual coupon of 3.375%. The closing and payment of the issue is planned for January 30, 2013, once the conditions precedent usually established for this type of issue have been fulfilled.

February 21, 2013

Ferrovial Servicios, S.A. has reached a deal with 3i Group plc to purchase 100% of the capital of Enterprise plc (Enterprise).

Ferrovial Servicios’ investment amounts to an enterprise value of GBP 385 million (443 million euro). The scope of the transaction does not include the joint venture that Enterprise had signed with Mouchel Limited (Mouchel) for the provision of road maintenance services in the United Kingdom.

Enterprise is one of main British providers of services to utilities and public-sector infrastructures. In 2012 it recorded total revenue of GBP 1.100 billion (1.267 billion euro) and EBITDA of GBP 60 million (69.1 million euro), excluding the joint venture with Mouchel.

The acquisition is expected to be closed no later than April 2013, once approval from the competition authorities has been obtained.

March 4, 2013

Through Ferrovial Servicios, Ferrovial has acquired 70% of Steel Ingeniería, a company specializing in the mining sector in Chile, for 21 million euro, which has enabled it to enter this new market.

With this acquisition, Ferrovial Servicios starts operations in Latin America and continues its international expansion following the recent contract awards in Poland and Qatar.

May 9, 2013

The rating agency Standard & Poor’s has upgraded the longterm credit rating of Ferrovial, S.A. from “BBB-” to “BBB”, with a stable outlook.

May 28, 2013

Ferrovial Emisiones, S.A., a subsidiary, has successfully completed the pricing of a 500 million euro bond issue maturing on June 7, 2021, guaranteed by Ferrovial and some of its subsidiaries (the Bonds). The Bonds will pay an annual coupon of 3.375%. The closing and payment of the issue is planned for June 7, 2013, once the conditions precedent usually established for this type of issue have been fulfilled.

October 22, 2013

As indirect owner of 33.65% of Heathrow Airport Holdings Ltd., Ferrovial has reached an agreement with a subsidiary fully owned by Universities Superannuation Scheme Limited (acting as corporate trustee of Universities Superannuation Scheme, “USS”), for the transfer of a 8.65% stake in FGP Topco Ltd. (Heathrow Airport Holdings Ltd.’s parent company) at a price of GBP 392 million (463 million euro). Upon completion of this transaction, Ferrovial’s indirect holding in Heathrow Airport Holdings Ltd. will be 25%. Ferrovial continues to be the largest shareholder in FGP Topco Ltd. and its only industrial partner.