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Notice to the Cnmv of the integration of de aluminium activities

January 17, 2008

Comisión Nacional de Mercado de Valores (CNMV)
Markets Supervision Department
Paseo de la Castellana, nº 19
28046 – Madrid

Madrid, 17 January 2008

Dear Sirs,

As a continuation of our last notice dated 31 October 2007, where we informed to the CNMV about the signature of an agreement among our subsidiary MRH Residuos Metálicos, S.L., Qualitas Venture Capital, S.A., S.C.R. de Régimen Simplificado and three minor shareholders, for the integration in a new company of 100 % of the shares in the companies totally or partially participated in activities related to the aluminium, today we inform you that, once authorised the operation by the Comisión Nacional de la Competencia, has been executed today, and the mentioned shares have been brought in the new Company Befesa Reciclaje de Residuos de Aluminio, S. L., which will have as object the development of activities related to the aluminium sector.

Yours faithfully,

Antonio Marin Hita
General Counsel

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