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July

Abengoa has been selected for membership into the Kempen SNS Smaller Europe SRI Index

July 13, 2004

Sevilla, july 13th 2004.- Abengoa has been selected for inclusion in the Kempen /SNS Smaller Europe SRI Index, the first sustainable index for smaller European companies.

SRI (Socially Responsible Investment) refers to investment in companies that demonstrate responsible business conduct. Increasingly, investors have strong demands regarding a company's non-financial performance, in addition to the traditional financial performance. These parties wish to invest exclusively in corporations that have concern for their employees, the environment and the community. SRI portfolios are constructed by the selection of companies based on a number of indicators regarding the three main categories: People, Planet and Profit.

In the selection process have been involved some 1700 individual companies. At the date the Kempen/SNS Smaller Europe SRI Index comprised 69 companies from 14 countries.

Abengoa, an industrial and technology company listed on the Madrid Stock Exchange, has a market capitalization of over 522 million euros (31/12/2003), provides solutions for Sustainable Development, the Information and Knowledge Society and the Creation of Infrastructures. Abengoa operates in four important areas: Bioenergy, where it is the world's second largest bioethanol producer; Environmental Services, where it is the European leader in different industrial waste market segments; Information Technologies, 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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