OHL México S.A.B. de C.V. (“OHL México” or “the Company “) (BMV: OHLMEX), informs the following with regards to the Company’s press release that was issued on November 12, 2013:
1. The Secretary of Finance and Administration of the Government of the State of Puebla published, in accordance with the final judgment ruled by the First Appellate Court of the 6th Circuit in Administrative Matters, a new recovery agreement for the Libramiento Norte de Puebla concession (“Libramiento”), which establishes the liquidation framework for the compensation Autovías Concesionadas OHL, S.A. de C.V. has the right to receive.
2. Autovías Concesionadas OHL, S.A. de C.V., has been indemnified by the Government of the State of Puebla for the investments made in Libramiento, granted today in the form of a new concession title for the development of an alternate project. The new title has been granted for the construction, exploitation, operation, conservation and maintenance of an elevated highway over the Autopista Federal México–Puebla–Veracruz, with a length of 13.3 kilometers.
3. Furthermore, OHL México informs that it has signed an agreement with Promotora y Operadora de Infraestructura, S.A.B. de C.V. establishing the terms and conditions for the development of the aforementioned alternate project, in which OHL México will have a 51% stake and Promotora y Operadora de Infraestructura, S.A.B. de C.V. will have the remaining 49%.
