Obrascon Huarte Lain appoints Juan Osuna Gómez to its Board of Directors as CEO

– SPAIN, Madrid – Obrascon Huarte Lain S.A. (BME:OHL) announces today that Mr. Tomás García Madrid has submitted his resignation as CEO, Second Vice-president and member of the Board of Directors of OHL.

Following the agreement announced on October 16 for the acquisition by IFM Investors of 100% of the share capital of OHL Concesiones, S.A.U., which main terms were described in the Relevant Fact published such day, Mr. Tomás García Madrid considers that the phase for which he was appointed CEO has been completed and the Board of Directors of OHL has accepted his resignation.

The Board of Directors of OHL wishes to remark the extraordinary career and dedication of Mr. Tomás García Madrid along the twenty years of successful work and services rendered to OHL Group and wants to express its profound gratitude for such work.

Additionally, the Board of Directors of OHL has agreed to appoint Mr. Juan Osuna Gómez as CEO and Second Vice-president of the Company, after his appointment by co-optation as member of the Board of Directors. Mr. Osuna has an eighteen year tenure in OHL Group.

For more information : http://www.ohl.es

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