Published on 11/18/2016

Buy-back programmes, stabilisation and treasury stock

Pursuant to the Consolidated Text of the Spanish Securities Market Act (Texto Refundido de la Ley del Mercado de Valores), FERROVIAL, S.A. (the “Company” or “FERROVIAL”), communicates the following:

Reference is made to our communication of 23 May 2016 (registration number 238.968), relating to the buy-back programme of Company’s own shares approved on that said date by the Executive Committee of  FERROVIAL, in accordance with the provisions of Regulation (EU) No. 596/2014, of the European Parliament and of the Council, of 16 April 2014 on market abuse, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, and under the authorization granted by the Ordinary General Shareholders Meeting of the Company held on 4 May 2016, under item eight of the agenda (the “Buy-Back Programme”).

Between 10 and 18 November 2016, the Company has carried out the following transactions over its own shares under the Buy-Back Programme:

Detail of the transactions carried-out during this period is attached as an Annex.

Likewise, we hereby inform you that today, the foreseen period of the Buy-Back Programme has ended and, therefore, it should be concluded. The Company has acquired, under the Buy-Back Programme, a total amount of 15,547,735 own shares, representing 2.076% of FERROVIAL’s current share capital (including the capital increase closed yesterday and notified to the CNMV by communication with registration number 244,882).

The acquisition of own shares under the Buy-Back Programme has been periodically disclosed to the market, pursuant to articles 4.4 of the Regulation (EC) Nº 2273/2003 and 2.2 of the Delegated Regulation (EU) Nº 2016/1052, and has been carried out in accordance with the terms and conditions established in such Regulations.

Finally, we also hereby inform you that the execution of the share capital reduction, approved by the General Shareholder’s Meeting of FERROVIAL held on 4 May 2016 under item eight of the agenda, will take place in the coming days and, in any event, within one month maximum from the date of conclusion of the Buy-Back Programme  (that is, no later than 18 December 2016). In this regard: (i) 760,990 own shares existing on the date on which the Board of Directors approved the proposal of share capital reduction submitted to the General Shareholder´s Meeting; and (ii) 15,547,735 own shares acquired under the Buy-Back Programme. Accordingly, 16,308,725 own shares (representing 2.177% of FERROVIAL’s current share capital) will be redeemed.

The Buy-Back Programme and the share capital reduction are part of the remuneration policy for FERROVIAL’s shareholders.

Madrid, 18 November 2016

Santiago Ortiz Vaamonde

Secretary of the Board of Directors of Ferrovial, S.A.

English translation for information purposes only. In the event of discrepancies between the English and the Spanish version, the Spanish version shall prevail.

Annex

Detail of the transactions carried-out during the period between 10 and 18 November 2016: