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October

Telvent renews outsourcing contract with Talisman Energy Inc.

October 3, 2006

Madrid, October 3, 2006 – Telvent GIT S.A. (Nasdaq: TLVT), the Global RealTime IT Company, today announced that it has renewed its outsourcing contract with Talisman Energy Inc (“Talisman”). The renewed contract is for the provision of IT Infrastructure Services to Talisman until December 2009. The renewal represents the fourth time Telvent has secured an outsourcing contract with Talisman.

“Telvent believes in maximizing the value of our clients’ technology investment and one of the ways we are able to do so is by helping them manage and house their complex IT infrastructures. Telvent’s outsourcing services help our clients to integrate, manage and deliver applications in innovative and cost-effective ways while remaining compliant with new and changing regulations,” stated Telvent’s chairman and chief executive officer, Manuel Sánchez Ortega.

Telvent’s outsourcing services include network services, the management of distributed and micro-computerized systems, technological infrastructure management, IT assets management and Helpdesk.

Talisman Energy Inc. is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. Talisman has operations in Canada and its subsidiaries operate in the North Sea, Southeast Asia, Australia, North Africa, the United States and Trinidad and Tobago. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The Company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index. Talisman's shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.

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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