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December

Telvent will install a management and control system for highways in Brazil

December 11, 2003

Madrid, December 11, 2003 - Telvent, the information technology subsidiary of Abengoa, has signed a contract with the Concessionary Rodovia das Colinas to supply a Management and Control System for the highways belonging to the motorway concession in the province of San Paulo, which will enable a technological leap in services offered to motorway users and an advance in efficiency within the concession administration. This contract amounts to more than 1.2 million Euros.

The Rodovia das Colinas Concessionary began its operation in March 2000 via the State of San Paulo?s Government Concession Programme, and is responsible for the administration of 299 kilometres of highways SP 280, SP 300, SP 75 and SP 127 located in the central portion of the San Paolo province - Brazil. The region is highly developed with a strong agricultural and industrial presence. The control centre will be situated in the city of Itú, a 100 Km from the city of San Paolo.

The ITS System (Intelligent Traffic System) will be formed by a backbone of communications via a Gigabit network, 112 pairs of SOS posts joined with optic fibre, for use by highway drivers to request help in emergency or breakdown situations, a weather station, 21 traffic evaluation equipment packages, providing the highway operators with reliable, instant information on conditions and traffic flow, a CCTV system with 14 cameras connected in real time with the control centre enabling the centre?s operators to receive information and images of the most critical points on the highways. All this is managed and controlled by a sophisticated management software.

According to Manuel Sanchez Ortega, Telvent's Chief Executive Officer, "this new contract is highly significant because it supposes working in Brazil in the control and management of highways systems. We hope that this new area of business has the continuity that deserves".

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. (www.abengoa.com)



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