Abertis, the world's leading infrastructure management group, has won the Puerto Rico tender to upgrade, operate and maintain four new toll roads over the next 40 years. The Group's offer to pay $2.85 billion for the concession was the most competitive bid submitted in the bidding process.

In operating the new concessions, Abertis is going to leverage theoperational efficiencies of Metropistas, its Puerto Rican subsidiary, ofwhich it is the majority shareholder. With this new award and underPuerto Rico's Public-Private Partnership Law, Abertis will manage thePR-52, PR-66, PR-20 and PR-53 highways, in addition to the ones it wasalready running in Puerto Rico, such as PR-22, PR-5 and the TeodoroMoscoso Bridge.

Theshareholders will contribute €1.3 billion to support the financing ofthis operation in Puerto Rico and the acquisition of the SH-288 inHouston (Texas) for $1.53 billion, maintaining an optimal capitalstructure, in accordance with Abertis' commitment to maintain its creditrating. The transaction will also be financed with new bank debt andcompany available cash. This contribution is part of the new strategiccollaboration agreement between Mundys and ACS to strengthen Abertis'global leadership in transport infrastructure concessions.