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January

Telvent's POLARIS Liquid suite selected for Trans Alaska Pipeline System

January 20, 2005

Madrid, December 3, 2004 - Telvent (NASDAQ TLVT), the Global RealTime IT Company, has entered into agreement with the Alyeska Pipeline Services Company to deliver an Integrated Oil Movement System (IOMS) in support of the Trans Alaska Pipeline System. Telvent will provide its Pipeline Operations, Logistics and Revenue Information System for Liquids (POLARIS Liquid) to help manage the business functions of oil movement through the Trans Alaska Pipeline System (TAPS).

TAPS is one of the largest pipeline systems in the world, and moves more than 17% of the US domestic crude oil production at an average rate of approximately 1,000,000 barrels a day. Alyeska Pipeline Service Company (APSC) operates and maintains the TAPS, and selected Telvent's POLARIS Liquid platform to replace its legacy applications.

According to Manuel Sánchez Ortega, Telvent CEO, "POLARIS Liquid provides a cost effective head start to replacing Alyeska's (APSC) legacy applications, and when combined with Telvent's expertise, enables us to create a solution tailored to their unique requirements. We believe that the POLARIS framework has the flexibility and adaptability APSC needs to extend the system to meet future business needs.

With the new system, APSC seeks to consolidate the business functions of these legacy applications into an integrated system, thereby reducing duplicate data entry, improving information access, and reducing total cost of ownership.

About POLARIS
POLARIS was first developed by Telvent in 1996 and has evolved since then to address the distinct needs of both oil and gas companies. POLARIS Liquid provides a comprehensive pipeline accounting solution that integrates ticketing, nominations, allocations, gain/loss analysis, invoicing and revenue accounting. POLARIS runs on both UNIX and Windows platforms and has a browser-based user interface.

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.



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