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Obrascon Huarte Lain (50ML)


Wednesday 17 February, 2010

Obrascon Huarte Lain

Clarification of Reuters News

RNS Number : 2758H
Obrascon Huarte Lain, S.A.
17 February 2010

London Stock Exchange


Madrid, February 17th 2010



Ref.: Notification of Significant Event: Clarification to Reuters News



Dear Sirs,



The company, OBRASCON HUARTE LAIN, S.A. (OHL), in compliance with current legislation, hereby reports the following Significant Event:


As to the news made public by Reuters on the 16th of February 2010 in reference to the negotiation of a "forward start facility", we confirm that OHL within its usual long term financial policies is currently under negotiations of the 190 million euros credit facility, which in any case will be negotiated under current market conditions. The 275 basic points spread mentioned in the news represents the high peak of the range of the mandate signed last week, where the low peak is of 225 basic points.


There are a great number of financial institutions interested in participating in the facility.



Yours faithfully,



José María del Cuvillo Pemán
Vice-Secretary of the Board of Directors


This information is provided by RNS
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