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RNS Number : 5218D

Obrascon Huarte Lain, S.A.

16 May 2012

London Stock Exchange

Madrid, May 16th 2012

Ref.: Notification of Significant Event: Dividend Declaration

Dear Sirs,

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

Pursuant to the resolution adopted by the Annual General Shareholders Meeting held on May 8, 2012, we hereby inform all shareholders that the Company will distribute an ordinary gross dividend in the amount of EUR 0.5597000 for each share entitled to a dividend payment, as follows:

GROSS AMOUNT: EUR 0.5597000

WITHHOLDING (21%): EUR 0.117537

NET AMOUNT: EUR 0.4421630

The payment of this amount shall be made from June 1, 2012 to holders of the 99,740,942 shares entitled to receive dividends. As the shares are represented in dematerialized book-entry form, the dividend will be collected through the relevant depository institutions adhered to the Sociedad de Gestion de los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. For this purpose, Banco Santander, SA is appointed as paying agent.

Yours faithfully,

Jose Maria del Cuvillo Peman

Vice-Secretary of the Board of Directors

This information is provided by RNS

The company news service from the London Stock Exchange

END

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