Published on 10/19/2012

In accordance with the provisions of article 82 of the Spanish Securities Market Act (Ley del Mercado de Valores), FERROVIAL, S.A. (the Company or FERROVIAL) communicates the following:

REGULATORY DISCLOSURE

Autopista Madrid Levante Concesionaria Española, S.A.U. and Inversora de Autopistas de Levante, S.L., the companies which manage the operation of the AP-36 Ocaña-La Roda tollway, and in which an indirect interest is held by Ferrovial, S.A. (55%) and Sacyr Vallehermoso, S.A. (40%) as well as by Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastián, S.A. (5%), have agreed to request a judicial declaration of voluntary insolvency (concurso voluntario de acreedores). The request was filed with the authorised court today.

The AP-36 project has been directly affected by external factors (substantial reduction in forecasted traffic, economic recession or increased capacity in alternate routes…) which have made the impossibility of honouring various payment obligations with financial entities imminent.

A significant factor in this decision was that the measures foreseen under law to aid the concession were not effectively implemented by the contractor’s governing body.

In light of the above, said companies made the aforementioned decision and trust in the possibility of reaching a solution in the upcoming months.

The investment relative to this project was fully provisioned in the group’s 2011 consolidated financial statements. No significant impact on the group’s 2012 financial statements is foreseen.

Madrid, 19 October 2012

Santiago Ortiz Vaamonde
Secretary of the Board of Directors, Ferrovial, S.A.