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June

Inauguration of new metro in Tianjin, China

June 12, 2006

Madrid, June 12, 2006 – Telvent (Nasdaq:TLVT), the Global RealTime IT Company, today announced the inauguration of the first line of the Tianjin metro, the ticketing system for which was supplied by the Company. The inauguration ceremony was presided over by Gao Huaizhi, chairman of the Tianjin Metro company.

This project is part of China’s program of infrastructure upgrades being undertaken ahead of the Beijing Olympics in 2008. The city of Tianjin, one of the country’s most important seaports, will host the Olympic football tournament.

This first line of the Tianjin metro, comprising 22 stations, will be used by between half a million and two million passengers on a daily basis. One of the key features of the Telvent-developed project lies in the ticketing management and control system, which is based on contact-free technology. This technology results in increased dependability and improved access for users of the metro system. Telvent has provided the technology required to conduct the integration of the fares of the entire city’s means of public transport.

Plans are going ahead for the construction of another two new metro lines to provide a service for the more than 10 million inhabitants of the city.

According to Manuel Sánchez Ortega, chairman and chief executive officer of Telvent, “The successful completion of the Tianjin contract has been a significant element in the development of our business in China. We remain strongly committed to the market and continue to see excellent opportunities for growth in the continued development of the Country’s infrastructure.”

Telvent has been executing projects in China for more than seventeen years, supplying traffic, transport and other high value-add solutions. Among the key projects executed by Telvent in China are the Beijing traffic management system, the Shenzhen ring road traffic control system and, in the energy sector, the execution of PetroChina’s gas pipeline network control center and electricity distribution control systems in seven large Chinese cities.

Telvent (Nasdaq: TLVT), the Global RealTime IT Company, specializes in high value-add solutions and services in four industry sectors (Energy, Traffic, Transport and Environment). Its technology allows high performing companies to make real-time business decisions using data acquisition, control, and advanced operational applications, providing secure actionable information delivery to the enterprise. (www.telvent.com).

Investor Relations Contacts:

José Ignacio del Barrio
Phone: +34 902-335599
Email: jibarrio@telvent.abengoa.com

Mark Jones
Phone: +1 646 284-9414
Email: mjones@hfgcg.com



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