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July

Telvent to manage IT infrastructures for the Spanish Institute for Foreign Trade (ICEX)

July 25, 2007

Madrid, July 25, 2007 - Telvent GIT S.A. (Nasdaq: TLVT), the IT company for a sustainable and secure world, announced today that it has been chosen as technology partner by the Spanish Institute for Foreign Trade (ICEX in Spanish) for a critical project to optimize ICEX’s technology infrastructure, including the housing, operation and administration of its Data Processing Center (DPC). The project is valued at more than six million euro.

As part of the project, Telvent will provide for the integral management of ICEX’s information technology infrastructure and its corporate applications. Telvent will house ICEX’s computer systems and technologies in the Telvent high-security DPC in Madrid. This will allow more than 120 ICEX trade offices worldwide to be connected via Telvent servers. In addition, the project includes the execution of advisory tasks aimed at technology renovation, and the operation, administration, monitoring and control of the infrastructures at ICEX’s head office and the trade offices of the Foreign and Territorial Network. These services will optimize the existing ICEX technology infrastructure, resulting in important cost savings, while also assisting the Institute in optimizing energy consumption and human resources.

Telvent’s chairman and chief executive officer, Manuel Sánchez Ortega, stated, “We are delighted the Spanish Institute for Foreign Trade has chosen Telvent as its technology partner. It will allow us to ensure that ICEX has access to the most innovative tools that assure the efficiency and security of its services. The awarding of this project contract is very significant for Telvent’s Global Services segment. We are delighted to be collaborating with ICEX in the development of Spanish companies in international markets while consolidating our capacity for technology implementation and adaptation to the requirements of the public sector.”

The backing of Telvent’s latest generation technology and the assurance of high-availability and security access to the data systems were the reasons ICEX decided on a project capable of identifying and meeting all its technology needs and which allows the Institute to efficiently meet the demands of the Spanish companies for whom it facilitates international implementation. Moreover, this contract reflects how Telvent, thanks to ICEX, collaborates by putting the most advanced technology at the service of the productivity and innovation of Spanish companies in their quest for international expansion.

About Telvent

Telvent (Nasdaq: TLVT), the IT company for a sustainable and secure world, specializes in high value-added products, services and integrated solutions for the Energy, Transportation, Environment and Public Administration industry segments, as well as Global IT Services. Its innovative technology and client-proven expertise enable the efficient and secure real-time management of operational and business processes for industry-leading companies worldwide. (www.telvent.com)

About the Spanish Institute for Foreign Trade (ICEX)

The Spanish Institute for Foreign Trade, a public entity with its own legal status attached to the Secretary of State for Tourism and Trade under the Ministry of Industry, provides its services to Spanish companies to foster and facilitate their international development. For the efficient attainment of its objectives, the ICEX conducts its activity through the Spanish Embassy Network of Economy and Trade Offices and, in Spain, through the Regional and Territorial Trade Offices. (www.icex.es)

Investor Relations Contacts

Ana Plaza
Tel. +34 902 335599
Email. ana.plaza@telvent.abengoa.com

Mark Jones
Tel. +1 646 284 9414
Email. mjones@hfgcg.com



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