BNP Paribas Primary New Issues : FERROVIAL Primary New Issues : Stabilisation Notice

BNP Paribas Primary New Issues : FERROVIAL Primary New Issues : Stabilisation
                                    Notice

Date: 18th January 2013

Not for distribution, directly or indirectly, in or into the United States  or 
any jurisdiction in which such distribution would be unlawful.

                                   Issuer:

                         Ferrovial Emisiones, S.A.

                          Post Stabilisation Notice

BNP Paribas (co-ordinator) Contact: Rupert Lewis , Telephone number 00 44 207
595 8222, hereby  gives notice  that no  stabilisation was  undertaken by  the 
Stabilising Manager(s) named below in relation  to the offer of the  following 
securities.

Issuer:                 Ferrovial Emisiones, S.A.
Guarantor (if any):     Ferrovial S.A. and certain subsidiaries as described
                        in the
                        Offering Circular
Aggregate nominal       EUR 500mn
amount:
Description:                          3.375 per cent Due 30 Jan
                             2018 
Stabilising Manager(s)  Bankia / BBVA / BNPP / Citigroup (B&D) / DB / HSBC /
                        ING /Santander GBM / SGCIB
Stabilisation started:  n/a
Stabilisation last      N/A (no stabilisation occurred)
occurred:

This announcement is for information purposes only and does not constitute  an 
invitation or  offer to  underwrite,  subscribe for  or otherwise  acquire  or 
dispose of any securities of the Issuer in any jurisdiction.

This announcement  is not  an offer  of securities  for sale  into the  United 
States. The  securities referred  to above  have not  been, and  will not  be, 
registered under  the United  States Securities  Act of  1933 and  may not  be 
offered or sold in the United States absent registration or an exemption  from 
registration. There  has not  been and  will not  be a  public offer  of  the 
securities in the United States.

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Source: BNP Paribas Primary New Issues via Thomson Reuters ONE
HUG#1674720