Other announcements regarding business and financial status

The Company hereby announces that it has concluded negotiations with its funding bodies for Vallehermoso División Promoción.

Sacyr Vallehermoso (Transmissions and acquisitions of shareholdings )

The company announces that it has sold to Eiser Infrastructure Limited a 49% stake in four infrastructure assets for a price of €47 million – having previously obtained the relevant authorizations and satisfied all other conditions.

Sacyr Vallehermoso (Announcements of meetings and information events)

The company announces the presentation of results of the first half of 2010 on July 28 at 7.30 pm via Conference Call.

Sacyr Vallehermoso (Noticies and Agreements of General Meetings)

The company hereby announces the resolutions adopted by the General Shareholders' Meeting and the Board of Directors' meeting held on 30 June 2010.

Sacyr Vallehermoso (Membership of Board of Directors)

The Company hereby announces that the Board of Directors of Participaciones Agrupadas SRL has appointed Mr. Andrés Pérez Martín as the Company's representative of the Board of Directors of Sacyr Vallehermoso SA.

Sacyr Vallehermoso (Notices and Agreements of General Meetings)

The company is altering regulatory announcement 125,517 of 19 May this year, which changes the time of the General Meeting to 12 p.m. on first and second call.

Sacyr Vallehermoso (Membership of Board of Directors)

The Company hereby gives notice of changes within the Board of Directors.

Sacyr Vallehermoso (Notices and Agreements of General Meetings)

The Company attaches the notice, proposal on resolutions and reports of the General Shareholders' Meeting, which will probably be held on the second call, on 30 June 2010.

SyV (Notices and Agreements of General Meetings)

The company is altering regulatory announcement 124893 of 6 May this year, which changes the time of the General Meeting to 5 p.m. on first and second call.

Sacyr Vallehermoso (Other communications)

The company sent rectification of the error found in the regulatory announcement issued on the 6 May 2010 (number 124,893).

Sacyr Vallehermoso (Acquisitions or transmissions of shares)

The company wishes to announce that an agreement has been signed with EISER Global Infrastructure Fund (EGIF) for the sale of 49% of four infrastructure projects for a total of €47 million.

Sacyr Vallehermoso (Meetings or informative acts)

SACYR VALLEHERMOSO release first quarter result presentation 2010.

Sacyr Vallehermoso (Meetings or informative acts)

The Company attaches the notice, proposal on resolutions and reports of the General Shareholders' Meeting, which will probably be held on the second call, on 30 June 2010.

Sacyr Vallehermoso (Meetings or informative acts)

The company realese Conference Call Results 2009 will be hold next 1st March at 12:30 p.m., Madrid time.

Sacyr Vallehermoso, (Changes in the Board of Directors).

The company announces the resignation of Mutua Madrileña Automovilista Sociedad de Seguros a Prima Fija as a member of the Board of Directors and Executive Committee

Sacyr Vallehermoso, (Other communications).

The Company announces that the Results Presentation via conference call will take place on 16 November

Sacyr Vallehermoso, (Changes in the Board of Directors and other Governing Bodies).

The company announces the resignation and the appointment of the Secretary Non-Director of the Board of Directors.

Sacyr Vallehermoso, (Other Relevant Facts).

Sacyr Vallehermoso, (Other communications).

Sacyr Vallehermoso, (Acquisitions or transmissions of shares).

Transfer of the Itínere shares held by Sacyr Vallehermoso SA, Caixa Galicia, Caixanova Invest SCR de Régimen Simplificado SA and Cajastur Capital SCR de Régimen Simplificado SA to SyV Participaciones II SL.

Sacyr Vallehermoso, (Rectification in the regulatory announcement).

Sacyr Vallehermoso, (Acquisitions or transmissions of shares).

Sacyr Vallehermoso, (Other relevant facts).

Sacyr Vallehermoso, (Acquisitions or transmissions of shares).

Sacyr Vallehermoso, (Other communications).

Sacyr Vallehermoso, (Other relevant facts).

Sacyr Vallehermoso, (Notice of Summons and Agreements of the General Meetings).

Sacyr Vallehermoso, (Other relevant facts).

Sacyr Vallehermoso, (Notice of Summons and Agreements of the General Meetings. Rectification of Significant Event).

The company sends out a rectification for the significant of May 8, 2009

Sacyr Vallehermoso, (Changes in the Board of Directors and other Governing Bodies. Announcement of Meetings and GSM Agreements. Agreements of the Board of Directors).

The company informs the resolutions adopted by the Board of Directors - Announcement of General Shareholders' Meeting.

Sacyr Vallehermoso, (Other communications. Notification)

The company sends information in connection with its first quarter results for 2009.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Agreement with BBK and Caja Vital in connection with the exercise and settlement in kind for differences in their put options over Itínere shares.

Sacyr Vallehermoso, (Other Relevant Facts)

The company replies to the request sent by the CNMV regarding press reports appearing in the media today.

Sacyr Vallehermoso, (Other Communications. Notification)

The company sends information in connection with its second semester results for 2008.

Sacyr Vallehermoso, (Other Communications)

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company has subscribed an agreement with BBK and Caja Vital in connection with the exercise and settlment in kind for differences in its put options over Itínere shares.

Sacyr Vallehermoso, (Other communications)

The Company reiterates the statements made in its communication of 13 November 2008

Sacyr Vallehermoso, (Other communications)

The Company reiterates the statements made in the significant events of 12 September 2008 and more specifically in connection with its stake in Itinere Infraestructuras, S.A.

Sacyr Vallehermoso, (Other communications)

The Company reiterates the statements made in the significant event of 12 September 2008.

Sacyr Vallehermoso, (Other significant events)

The Company announces that the Results Presentation via conference call will take place on 14 November.

Sacyr Vallehermoso,  (Increase or reduction Treasury Stock)

The Company announces that on 10 November the 20,331,158 new shares from the 1x 14 bonus share issue will start to trade.

Sacyr Vallehermoso, (Increase or reduction Treasury Stock)

The Company announces that on 30 October 2008, the bonus share deed charged to reserves was registered in the RM, hence the share capital amounts to €304,967,371

Sacyr Vallehermoso,  (Agreements of the Board Directors)

Sacyr Vallehermoso's Board of Directors has agreed to implement the 7th agreement adopted by the General Shareholders Meeting of 18-06-2008, which consists of increasing the share capital by €20,331,158. This amount will be charged to Volunatry Reserves.

Sacyr Vallehermoso,  (Agreements of the Board Directors)

The Company informs in connection with the resolution adopted by the Board of Directors regarding: the bonus share increase; the dividend payment and changes in the Board of Directors.

Sacyr Vallehermoso,  (Other significant events)

The Company reitereates the statements made in the significant event of 12 September 2008. No changes have occurred since then.

Sacyr Vallehermoso,  (Other significant events)

The company announces that it is considering different alternatives in relation to its assets but so far there have been no agreements.

Sacyr Vallehermoso,  (Other communications)

The Company announces that the Results Presentation via conference call will take place on 1 September.

Sacyr Vallehermoso,  (Other communications)

The Company issues a press release in connection with Vallehermoso's 1S operating data.

Sacyr Vallehermoso,  (Rectification in the regulatory announcement)

The Company sends out a rectification for an error that appeared in the significant event of 18 June.

Sacyr Vallehermoso,  (Increase or reduction Treasury Stock)

The Company informs about the resolutions adopted at the General Shareholders Meeting of 18 June 2008.

Sacyr Vallehermoso, (Other communications)

The Company announces that the Results Presentation via conference call will take place on 13 May.

Sacyr Vallehermoso,  (Agreements of the Board Directors)

The Company announces the resolutions adopted by the Board of Directors and the call for the General Shareholders' Meeting.

Sacyr Vallehermoso,  (Other significant events)

The Company issues information in connection with the sale of its entire stake in Eiffage.

Sacyr Vallehermoso,  (Other significant events)

The Company issues information in connection with the transfer agreement for its entire stake in Eiffage.

Sacyr Vallehermoso,  (Communication of significant event)

The Company announces the ruling of the Paris Court of Appeal, which annuls the obligotary cash offer for Eiffage's shares.

Sacyr Vallehermoso,  (Communication of significant event)

The Company issues information in connection with the Master Agreement between Sacyr Vallehermoso, S.A. and Itínere Infraestructuras, S.A., which establishes the relations between both companies.

Sacyr Vallehermoso,  (Dividends payment)

The Company announces that the interim dividend will be paid on 8 April 2008. The gross amount per share is 0.15 euros.

Sacyr Vallehermoso, (Significant event)

The Company announces that the Results Presentation will take place on 3 March.

Sacyr Vallehermoso, (Other communications)

The Company informs in connection with the signing of guarantees pursuant to the finance and guarantee contracts for the purchase of Repsol YPF shares.

Sacyr Vallehermoso, (Regulatory Announcement)

The Company announces that the interim diividend will be paid on 11 January 2007. The gross amount per share is 0.15 euros.

Sacyr Vallehermoso, (Other communications)

The Company announces that the Results Presentation via conference call will take place on 14 November 2007.

Sacyr Vallehermoso, (Agreements of the Board of Directors)

The Company informs in connection with the resolutions adopted by the Board of Directors in today's meeting.

Sacyr Vallehermoso, (Other communications)

The Company announces that the Results Presentation will take place on 3 September 2007.

Sacyr Vallehermoso, (Dividend payment)

The Company announces a gross dividend payment per share of 0.15 euros.

Sacyr Vallehermoso, (Agreements of the Board of Directors)

The Company informs in connection with the resolutions adopted by the General Shareholders' Meeting of 29 June 2007

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso informs that it will appeal the AMF's ruling before the Paris Court of Appeal

Sacyr Vallehermoso, (Agreements of the Board of Directors)

The Company informs on the resolutions adopted by the Board of Director's including the proposal for a share increase.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company announces changes in the Board of Directors.

Sacyr Vallehermoso, (Announcement of Takeover Bid presentation)

The Company informs in connection with the announcement published in the French press regarding the public offer over Eiffage.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso SA today requested from the French financial market regulator (Autorité des Marchés Financiers) permission to make a public offer for all of those shares in Eiffage SA not currently owned by Sacyr Vallehermoso.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

On 17 April 2007, Sacyr Vallehermoso bought 12.113.908 shares of Itinere Infraestructuras SA from the Caixa de Aforros de Vigo, Ourense e Pontevedra (Caixanova). The purchase represented 8.62 per cent of Itínere's share capital and the price paid was 160,000,000 euros. Following this purchase, Sacyr Vallehermoso now owns 100 per cent of the share capital of Itinere.

Sacyr Vallehermoso, (Transformation, takeover, split, and dissolution)

The Boards of Directors of Europistas Concesionaria Española S.A. (“Europistas”) and Itinere Infraestructuras, S.A. (“Itinere”), today approved the projected merger and takeover merger of Itinere by Europistas.

Sacyr Vallehermoso, (Dividend payment)

The Company has agreed to pay a gross dividend payment of 0.185 euros per share on 13 April 2007

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company announces changes in its Governing Bodies.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso Participaciones Mobiliarias S.L., a wholly owned subsidiary of Sacyr Vallehermoso S.A., has directly acquired 84,043,173 shares of Repsol YPF S.A., representing 6.884 per cent of its share capital. To finance this acquisition, Sacyr has liquidated return swaps in Repsol held with Citigroup and cut its hedged position with Banco Santander.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr announces that its shareholding in the share capital of Repsol stands at 18.126%.

Sacyr Vallehermoso, (Dividend payment)

The Company announces that it will pay on 16 January 2007 an interim dividend payment corresponding to 2006.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr announces that its shareholding in the share capital of Repsol stands at 18.126%.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso, S.A., announces the signing of a bank financing contract in relation with the public offer over Europistas

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company announces the percentage of its stakeholding in Repsol Ypf, S.A.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company announces its intention to acquire up to 20 per cent of the share capital of Repsol YPF.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company issues additional information regarding today's presentation before analysts concerning the purchase of 9.24% of Repsol YPF.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company sends out a presentation in connection with the purchase of 9.24% of Repsol YPF.

Sacyr Vallehermoso, (Acquisitions and disposals)

Sacyr Vallehermoso, S.A., announces that it has purchased 9.23624 per cent of Repsol YPF through a direct investment made by the wholly-owned subsidiary, Sacyr Vallehermoso Participaciones Mobiliarias S.L., of 5.00465 per cent of Repsol YPF shares. A further 4.23158 per cent of Repsol YPF has been taken as a hedging position with banks.

Sacyr Vallehermoso, (Agreements of the Board of Directors)

The Company announces the resolutions adopted by the Board of Directors during today's meeting.

Sacyr Vallehermoso, (Acquisitions or transmissions or shares. Increase or reduction of Treasury stock)

The Company announces that it sold from its bought back shares some 8,069,738 shares to Mutua Madrileña Automovilista at the agreed price of 32.72 euros per share.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company announces, that in relation to the tender offer for shares in Europistas, Concesionaria Española S.A. launched by the Bidders on 4 August 2006, the Spanish anti-trust authority (Servicio de Defensa de la Competencia) has today notified the Bidders that the Spanish deputy prime minister and minister of finance has decided not to refer the bid to the competition court TDC – and so it is understood that the government does not oppose the operation.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company announces changes in its Governing Bodies.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company issues additional information in connection with the Takeover Bid jointly presented today with Telekutxa, S.L. directed at all the shares of Europistas.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

The Company informs that today Sacyr Vallehermoso Participaciones S.L., a wholly owned subsidiary of Sacyr, has jointly with Telekutxa S.L., presented a public tender offer for all of the shares of Europistas Concesionaria Española S.A.

Sacyr Vallehermoso, (Dividend Payment)

The Company announces that on 21 July 2006 it will pay the dividend corresponding to 2006. The gross amount per share is 0.105 euros.

Sacyr Vallehermoso, (Increase or reduction Treasury Stock)

The Company informs that the Standing Committee of the Madrid Stock Exchange met on 7 July 2006 and published in the official gazette its decision to admit for trading, with effect from 10 July 2006, the 10,165,579 ordinary shares (coded as ES0182870818), with a face value of 1 euro each, and proceeding from the issue of fully paid bonus shares at a ratio of one bonus share for 27 old shares. The issue was paid for from voluntary reserves.

Sacyr Vallehermoso, (Other relevant facts)

Sacyr Vallehermoso and Eiffage have decided to set up Coordination Group which will discuss prospects, possible projects of cooperation and strategy; it will also study the activity and the results of Eiffage.

Sacyr Vallehermoso, (Other events)

The Board of Directors of Sacyr Vallehermoso, S.A. has agreed to implement the 7th resolution adopted by the General Shareholders' Meeting, which consisit of a capital increase of 10,165,579 euros, charged to Voluntary Reserves.

Sacyr Vallehermoso, (Other events)

The Company issues information in relation with its capital increase charged against reserves

Sacyr Vallehermoso, (Other events)

The Company announces that the Group's next Results Presentation for 1Q06 will take place on 10/05/06.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies. Notice of summons and agreements of General Meetings)

The Company informs in connection with the resolutions adopted by the General Shareholders' Meeting of 5 May 2006.

Sacyr Vallehermoso, (Other events)

The Company informs about a mistake made in the significant event in connection with the GSM of 5 May 2006.

Sacyr Vallehermoso, (Notice of summons and agreements of General Meetings. Rectification relevant fact)

The Company informs about a mistake made in the significant event in connection with the GSM of 5 May 2006.

Sacyr Vallehermoso, (Other events)

The company announces that it has become Eiffage's major shareholder with a 31% stake.

Sacyr Vallehermoso, (Increase or reduction of bought treasury stock)

Sacyr Vallehermoso informs that it has sold to Corporación Caixa Galicia all its bought back shares, in other words, 2,518,068 shares representing 0.91 per cent of the share capital of Sacyr Vallehermoso S.A. The price paid was 26.45 per share.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso informs that it has acquired 12,113,908 shares in Itinere Infraestructuras S.A. from the Corporación Caixa Galicia S.A. This purchase represents 8.6236 per cent of the share capital of Itinere Infrastructures S.A. and cost 119,750,000 euros.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Sacyr Vallehermoso, S.A. informs that today it crossed the 10 per cent threshold of share capital and voting rights in Eiffage S.A. and currently holds 4,488,532 shares, representing 10.013 per cent of the capital and 10.379 per cent of the voting rights. The total value of the investment is 426.64 million euros.

Sacyr Vallehermoso, (Board of Directors´ Resolutions)

The Company informs that the Board of Directors has agreed to pay a dividend corresponding to 2005 on 12 April 2006. The gross amount per share is 0.120 euros.

Sacyr Vallehermoso, (Acquisitions or transmissions of shares)

Today, Sacyr Vallehermoso, S.A. has surpassed the threshold level of 5% in the equity and rights of Eiffage, S.A, through the acquisition of 2,250,649 shares that represent 5.02% of the equity and 5.19% of the rights of that company.

Sacyr Vallehermoso, (Other events)

The Company sends out information regarding its 2S05 Results.

Sacyr Vallehermoso, (Other events)

The Company announces that the the presentation for the Group's 2005 results will take place on 13 February 2006 at 11:30 am in the conference room of the Madrid Stock Exchange building.

Sacyr Vallehermoso, (Other events)

The Company sends out a press release in relation with the results of its subsidiary Vallehermoso División Promoción S.A.U.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company announces changes in the Board of Directors.

Sacyr Vallehermoso, (Dividend payment)

The Company announces the interim dividend payment to be paid on 13 January 2006 for the results of 2005. The gross amount is 0.1 euros per share.

Sacyr Vallehermoso, (Other significant events)

Sacyr Vallehermoso wishes to clarify in connection with the information published today in "La Gaceta de los Negocios".

Sacyr Vallehermoso, (Acquisitions and disposals)

On 10 November 2005, Itínere Infraestructuras S.A., a subsidiary of Sacyr Vallehermoso S.A., has entered into an agreement to purchase the entire share capital of Ibergement Assessments S.L. for 343.20 million euros.

Sacyr Vallehermoso, (Significant events)

The Company announces that the consortium in which Sacyr (the construction division of the Sacyr Vallehermoso group) participates has presented the best tender for the construction of the bridge over the Straits of Messina in Italy. The board of directors of the state-owned Italian management company “Stretto di Messina” today opened the tendered estimates and published the scores for the technical tenders. The consortium in which Sacyr participates faired better than the other international consortium led by the Italian company Astaldi.

Sacyr Vallehermoso, (Board of Directors´ resolutions)

The Company informs about the resolutions adopted by the Board of Directors in connection with the interim dividend payment and the debenture issue programme.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company issues a press release in connection with the Company Directors that have been proposed to the Boards of Directors of its subsidiaries.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company informs about the resolutions adopted by the Board of Directors in its meeting of 13 July 2005.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company announces that Almarfe, S.L. has presented its resignation as a member of the Board of Sacyr Vallehermoso, S.A., during today's Board of Directors meeting.

Sacyr Vallehermoso, (Other increases or decreases of fixed assets)

The Company announces that today, 3 June 2005, ITíNERE INFRAESTRUCTURAS S.A., a subsidiary of Sacyr Vallehermoso S.A., formalized the purchase of 3010 shares in AL´ANDALUS CONCESIONES UNO S.L. (a subsidiary of Monte de Piedad y Caja de Ahorros de Huelva y Sevilla) and a further 3010 shares in TCN 21 S.L. (a subsidiary of Torreal SCR S.A.), representing the total share capital of both companies, for the sum of 158,367,017.42 euros. 2,669,328.20 euros will be paid in cash and the remaining 155,697,689.22 euros by subrogation of existing loan agreements.

Sacyr Vallehermoso, (Acquisitions and disposals)

The Company announces that the Sacyr Vallehermoso group, through its subsidiaries- Valoriza Gestión, S.A. and Somague Ambiente, S.G.P.S., S.A. - will sell to Endesa Generación, S.A 100% of the shares of Finerge Gestao de Proyectos Energéticos, S.A., a Portuguese company with 43 subsidiary companies which are currently developing wind-power generation projects with an operating power capacity of 60 MW and a future potential to provide 260 MW. The value of the sale of shares was 149.070 million euros. A further 17.057 million euros was added to this figure for the transfer of loans granted to said company by its current partners. The sale generated profits of 91.972 million euros for the Sacyr Vallehermoso group.

Sacyr Vallehermoso, (Acquisitions and Disposals)

The Company announces that the Sacyr Vallehermoso group, through its subsidiary- Valoriza Gestión, S.A. – acquired 100% of the share capital of Nueva Nuinsa, S.L. from Endesa Participadas, S.A. for 93.917 million euros, creating goodwill of 16.9 million euros. Nueva Nuinsa has several real assets and shares in companies and Temporary Joint Ventures.

Sacyr Vallehermoso, (Increase and reduction of shareholders´equity. Change the Board of directors and of other government bodies)

The Company informs in connection with the resolutions adopted by the General Shareholders' Meeting of 11 May 2005.

Sacyr Vallehermoso, (Additional information)

The Company announces, in addition to yestarday's Significant Event, that the acquisition of Sufi Group was unanimously agreed to by the members of the Board of SyV, after a mandotary report by the Appointments and Remunerations Committee.

Sacyr Vallehermoso, (Acquisitions or tansmissions of shares. Agreements of the Board of Director)

The Company informs that the Board of Directors has today unanimously agreed to acquire 100% of SUFI, S.A.

Sacyr Vallehermoso, (Dividend Payment)

The Company announces that the interim dividend will be paid on 14 April 2004. The gross amount per share is 0.135 euros.

Sacyr Vallehermoso, (Other relevant facts. Rectification relevant fact)

The Company sends out a correction for the significant event 55562

Sacyr Vallehermoso, (Other significant events)

The Company issues a complementary note in relation to Significant event nº555545, published on 15/02/05

Sacyr Vallehermoso, (Board of Directors´ resolutions)

The Board of Directors has unanimously agreed to authorise sine die the company chairman to carry out the project of acquiring a significant stake in BBVA as per the terms established by the board meeting held on 24 November 2004.

Sacyr Vallehermoso, (Agreements of the Board of Directors)

The Company reports on the resolutions adopted in the meeting of the Board of Directors of 15 December 2004; including to extend for another month from the following expiration of the previous deadline, the authorization granted by this Board to its Chairman at its meeting of 24 November 2004.

Sacyr Vallehermoso, (Other significant events)

The Company informs in connection with a stake swap agreement with OHL for some of its stakeholdings.

Sacyr Vallehermoso, (Additional information)

Sacyr Vallehermoso remits a letter sent to the Bank of Spain informing it of its plan to acquire a stake in the capital of BBVA of around 3.1%.

Sacyr Vallehermoso, (Additional Information)

Sacyr Vallehermoso, (Additional Information)

The Company sends out information about the possible acquisition of a stakeholding in Banco Bilbao Vizcaya Argentaria, S.A.

Sacyr Vallehermoso, (Additional information)

The Company announces that it is evaluating the possibility of acquiring a stake in BBVA.

Sacyr Vallehermoso, (Change in the Board of directors and of other government bodies)

The Company announces changes adopted by the Board of Directors in its meeting of 10 November 2004.

Sacyr Vallehermoso, (Dividend Payment)

The Company announces that the Board of Directors, has agreed to pay an interim dividend on 15 October 2004 for the results of 2004. The gross payment per share is 0.07500 euros

Sacyr Vallehermoso, (Admission and listing of new shares)

The Company announces the the entity Euronext Lisbon has agreed that on 30/09/04 the 266,153,343 shares with a par value of one euro each, representing the share capital of Sacyr Vallehermoso, S.A., shall be admitted to trading in the Portuguese National Securities Market.

Sacyr Vallehermoso, (Board of Directors´ resolutions)

The Company announces the resolutions adopted by the General Shareholders' Meeting of 10 September 2004.