New appointments to the OHL Board of Directors

The new appointments by co-optation took effect at the Board of Directors meeting held 23 March, 2010. They were that of Alberto Terol Esteban as independent director and Alvaro Villar-Mir de Fuentes as proprietary director, representing the share interests of the Villar Mir Group, following a favourable report from the Appointments and Compensation Committee, in order to cover the vacancies created by the resignation of Jaime Vega de Seoane Azpilicueta and the cessation due to death of Jose Luis Garcia-Villalba Gonzalez, both effective on 12 January, 2010.

During the same meeting, the Board of Directors appointed Alberto Terol Esteban member of the Auditing and Compliance Committee and took note of the resignation of Juan-Miguel Villar Mir as a member of the Appointments and Compensation Committee.

Consequently, the composition of the Board of Directors and its committees is as follows:

BOARD OF DIRECTORS

Chairman

Juan-Miguel Villar Mir

Deputy Chairman

Juan Villar-Mir de Fuentes

Members

Baltasar Aymerich Corominas

Tomás García Madrid

Javier López Madrid

Rafael Martín de Nicolás Cañas

Juan Mato Rodríguez

Saarema Inversiones, S.A. (represented by Joaquín García-Quirós Rodríguez)

Luis Solera Gutiérrez

Alberto Terol Esteban

Silvia Villar-Mir de Fuentes

Álvaro Villar-Mir de Fuentes

Secretary, not director

Daniel García-Pita Pemán

Vice Secretary, not director

Jose Mª del Cuvillo Pemán

AUDITING AND COMPLIANCE COMMITTEE

Chairman

Juan Mato Rodríguez (Independent)

Members

Tomás García Madrid (Proprietary)

Alberto Terol Esteban (Independent)

Juan Villar-Mir de Fuentes (Proprietary)

APPOINTMENTS AND COMPENSATION COMMITTEE

Chairman

Luis Solera Gutiérrez (Independent)

Members

Javier López Madrid (Proprietary)

SAAREMA INVERSIONES, S.A.,

And representing them Joaquín García-Quirós Rodríguez (Independent)