Shareholders' agreements and concerted actions

The company has not been notified of any agreement of this nature having been reached among the Company shareholders.

However, and in accordance with the provisions of article 112.4 of the Securities Market Law, it is reported that on 5 October 2007 Portman Baela, S.L., Grupo Ferrovial, S.A.'s majority shareholder, informed the Company of the resolutions adopted by its shareholders. According to these resolution, both ownership of the capital and the voting rights of the Portman Baela shareholders who are corporate persons must fall to Rafael del Pino y Moreno and/or his direct descendants at all times. Also, the representatives of the above-mentioned corporate person shareholders accept, on behalf of the latter, that ownership of the capital and the voting rights of each of them fall to Rafael del Pino y Moreno and/or his direct descendants.

On the other hand, as stated earlier, according to the notification sent to the CNMV and to the Company itself on 8 November 2007, the "concerted family group" formed by Rafael del Pino y Moreno and his children María, Rafael and Leopoldo del Pino y Calvo-Sotelo, indirectly controls, through Portman Baela S.L., 58.316% of Grupo Ferrovial, S.A.'s share capital.