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December

Vodafone becomes Telvent's customer number 180 in the area of housing and outsourcing

December 4, 2003

Madrid, December 4, 2003 - Telvent, the information technology subsidiary of Abengoa, has signed a contract with Vodafone, one of the largest Mobile Telecoms Network companies in the world to house its telecommunication nodes in Telvent's buildings in Madrid and Barcelona, becoming the Telvent's customer number 180 in the combined area of housing and outsourcing.

Telvent already give services to most part of the Vodafone's customers in the telecom operators sector, since Telvent actually houses in its data centre, in Alcobendas, Madrid the main neutral node of Telecommunications in the Iberian peninsula and this fact will facilitate the interconnection among Vodafone and its current and future customers.

Actually Telvent gives housing and outsourcing services to more than 46 Telecommunication operators and 135 companies from diverse sectors, with an annual income of more than 30 million Euros due to this activity.

According to Manuel Sánchez, Telvent's Chief Executive, "With this agreement, Telvent not only strength its connectivity offer for our technological buildings' customers, but its demonstrates the consolidation of our business combined of housing and outsourcing for which we already have the confidence of the first international companies with presence in Spain, as Vodafone ".

Vodafone is one of the major Mobile Telecom Network companies worldwide. It has interests in mobile networks throughout the world and gives service to more than 100 million proportional customers. Vodafone, the largest mobile community in the world, owns net assets in 28 countries and member networks in 8 more countries. Vodafone also possesses a large number of itinerant contracts worldwide. In December, 2002, Vodafone already managed more than 273 million customers throughout the world. In addition, it is the largest, European company regarding stock capitalisation, and one of the ten major companies worldwide.

Telvent, Abengoa's Information Technology subsidiary, specializes in IT solutions with high technological added value for specific industrial sectors such as Energy, Environment, Traffic, Transport, Telecom and Public Administration. Telvent is a leading supplier to these industries in Spain, North America, Latin America and Asia.

Abengoa, an industrial and technology company with worldwide operations, provides solutions for Sustainable Development, the Information and Knowledge Society and the Creation of Infrastructures. The company is capitalized at over 500 million Euros (31/12/2002) and is listed on the Madrid Stock Exchange. Abengoa operates in four primary areas: Bioenergy, where it is the second largest worldwide producer of bioethanol; Environmental Services, where it is a European leader in various industrial waste market segments; Information Technology, where it has achieved global recognition and has operations in Europe, North America and Asia; and Industrial Engineering and Construction, where it is a leader in Spain and Latin America.



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