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Telvent Signs an Agreement to Acquire Almos Systems

June 20, 2005

Madrid, June 20, 2005 - Telvent GIT S.A. (Nasdaq: TLVT) , the Global RealTime IT Company, announced today that it has signed an agreement to acquire Almos Systems a Perth, Australia headquartered company and a market-leading supplier of meteorological solutions. Telvent has been collaborating with Almos Systems for 3 years and has a deep knowledge of its technical solutions and management team.

Telvent has been providing real-time IT meteorology solutions for more than 25 years, mainly in Spain and Latin America. With the addition of Almos Systems, Telvent gains access to a distinctive and complete suite of leading-edge meteorological systems and value-added solutions. In addition, the strategic location of Almos Systems headquarters in Perth, Australia, which will be renamed Telvent Australia, should be ideal for developing further business opportunities in the Asia-Pacific region, one of the highest growth areas in the world.

“This transaction fits well with our strategy of building our portfolio of fully integrated products and solutions in our core sectors. Almos Systems will add market leading solutions to the Telvent portfolio of meteorology solutions that we will be able to offer to our Environment sector clients and it will also open a new geography for the rest of our business. Telvent´s and Almos´ customers in this market sector will benefit from the technological, market and business synergies that we anticipate will result from this transaction.” said Manuel Sanchez, CEO and Chairman of Telvent.

Dr. Steve Rakoczy, Managing Director of Almos Systems, said “Having worked closely with Telvent over the last 3 years, I believe that this is an excellent strategic fit and will allow for a smooth integration of the operations into Telvent.”

For the year ending June 30, 2004, Almos Systems had total revenues of approximately € 8 Million. The purchase price for this acquisition is €4 million plus a payment for cash on hand and a deferred, contingent and variable “earn out” payment based on Almos Systems meeting certain income targets over a period ending June 30th, 2006.

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. (

About Almos Systems

Almos designs and manufactures a wide range of meteorological and monitoring products and solutions for national meteorological centers, civil aviation authorities and defence organizations worldwide. Since 1986, Almos’ solutions have been implemented in more than 70 airports, mainly in South East Asia and Europe, and prestigious national meteorological institutes such as the Royal Dutch Meteorological Institute (KNMI), MeteoSwiss, and the Australian Bureau of Meteorology, have relied on Almos’ technology to meet their meteorological needs. Almos Systems currently operates its business from Perth, Australia and Culemborg, the Netherlands. ( .

Safe Harbor:

This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Telvent undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our annual report on Form 20F concerning the fiscal year ended December 31, 2004 furnished to the United States Securities Exchange Commission on May 13, 2005 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at 

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