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December

Telvent to implement PEMEX Control and Operation System project for 11 petrol storage and distribution plants for a sum of 21.6 million Euros

December 15, 2004

Madrid, December 15th, 2004—Telvent (Nasdaq TLVT) the Global RealTime IT Company, has been awarded a contract by Pemex Refinación for the implementation of three projects for Terminal Operations Measurement and Control Integrated Systems (SIMCOT) throughout the Mexican Republic for a total contract award exceeding 21 million Euros.

These projects are aimed at guaranteeing the industrial customers’ and service stations’ trust in the volumes of refined oil handled and supplied, without manual intervention, while safeguarding the integrity of the facilities and the personnel, and in turn guaranteeing product quality for the end customer.

With the Monitoring System of Explosive Mixtures included in every SIMCOT, the new system will also serve to protect the environment of the terminals and the surrounding areas, by immediately detecting any type of product leakage and initiating appropriate action in realtime. The plant locations correspond to the Storage and Distribution Terminals (TAD) situated at San Luis Potosí, Ciudad Obregón, Guamúchil, Ensenada, Salina Cruz, Topolobampo, Escamela, Veracruz, Poza Rica, Tierra Blanca and Oaxaca.

The scope of the PEMEX SIMCOT project includes the implementation of 11 Control Centers based on the SCADA and realtime information management capabilities of Telvent’s OASyS DNA infrastructure platform. This technology, developed in Telvent’s R+D center, will provide PEMEX with the control and automation functions needed to safely and efficiently manage each Storage and Distribution Terminal. In addition to the SCADA System and the Monitoring System for Mixed Explosives, the Tele-measuring or Inventory Monitoring System, which guarantees necessary supply, is also an important component in the SIMCOT installation.

According to Manuel Sánchez, Telvent’s chairman, “With the addition of this project, Telvent is now responsible for implementing 28 of the last 37 SIMCOT system installations tendered by Pemex Refinación.”

These installations form part of more than 15 projects already carried out by Telvent for PEMEX, the eighth largest oil company in the world, in its Gas subsidiaries for refined products, exploration and production. This includes the Control and Management System for more than 12,000 km of gas pipelines, more than 15 storage and distribution plants for crude oil and derived products, and the Security and Emergency Failure Systems for more than 32 maritime platforms.

Telvent has had a permanent regional head office in Mexico since 1990, from where it has developed Control and Information Projects in the areas of Energy, Traffic, Transport and Environment.

About Telvent

Telvent (Nasdaq: TLVT), the Global RealTime IT Company, is specialized in high value-added solutions for four specific industrial sectors (Energy, Traffic, Transport and Environment) in Europe, North America, Latin America and China. (www.telvent.com)



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