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Junta de Andalucia (Andalusian Government) awards the construction of a building of 35 millions euros to Abengoa

October 6, 2003

Madrid, 7th October 2003.- Abengoa, through its affiliate Instalaciones Inabensa, S.A., jointly with Constructora San José, have been awarded the Bid issued by the Dirección General de Patrimonio (General Direction of Patrimony) of the Consejería de Economía y Hacienda (Economy and Treasury Council) for the construction of a administrative building for the Junta de Andalucia at the industrial area Almanjayar for an amount surpassing 35 millions euros.

Alfonso Gonzalez, president of Inabensa, declares: "We consolidate our presence in the large projects of singular buildings in Andalusia with this award". Nowadays it is under construction I Ciudad de la Justicia (Court Complex) in Malaga and the Hospital Campus de la Salud in Granada.

The new administrative building will be located 4 km Northeast from Granada centre, in a field of 11,400 m2 and it will be the County Delegations of Labour and Industry Council, Public Works and Transports, Environment, Agriculture and Fishing. The building is placed in the centre of the field and it fold up over itself making up a rectangular courtyard. It is organized in four bodies with heights of three, five, seven and nine floors.

The project is designed by Cruz y Ortiz Arquitectos and it includes all the necessary dependences for a building with this characteristics: open areas for offices, offices for central services and delegations, public information areas, general registry, library, auditorium, computer area, central files and warehouses and a fourth floor parking at basement with room for 514 vehicles.

Consolidated sales of Industrial Engineering and Construction Business Group of Abengoa, which Instalaciones Inabensa belongs, exceeded 646 millions in 2002, what meant 42.5% of the consolidated sales for Abengoa.

Abengoa is an industrial and technology company listed on the Stock Exchange, with a capitalisation of more than 500 million euros (12/31st/2002). It provides solutions for Sustainable Development, the Information and Knowledge Society and the Creation of Infrastructures. It currently operates in four large fields of activity: Bio-energy, where it is the world?s second bio-ethanol producer; Environmental Services, where it is the leader in Europe in some of the industrial waste market segments; Information Technologies, where it is one of the key players at international level, with operations in Europe, Latin America and Asia; and Industrial Engineering and Construction, where it is leader in Spain and Latin America. Sales in 2002 exceeded 1,500 millions euros and net profit was 43.5 millions euros.

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