Urbas Buys Bolivian Branch of Molinari, In Talks For Another Contract in Bolivia

Urbas Grupo Financiero SA UBS:

• PURCHASES BOLIVIAN BRANCH OF SWISS-GERMAN COMPANY MOLINARI, LEAVING URBAS AS SOLE CONSTRUCTOR OF CONTRACT FOR EXECUTION OF 'TREN METROPOLITANO DE COCHABAMBA'

• TURNKEY CONTRACT INCLUDES DESIGN AND CONSTRUCTION, AS WELL AS OPERATIONAL SUPPORT DURING THE FIRST THREE YEARS OF OPERATION

• CONTRACT IN BOLIVIA HAD BEEN AWARDED TO URBAS UNIT JOCA, A FIFTY PERCENT PARTNER WITH MOLINARI IN ASOCIACIÓN ACCIDENTAL TUNARI CONSORTIUM, WITH A BUDGET OF ALMOST 450 MILLION DOLLARS

• IN ADVANCED TALKS TO PROPOSE ANOTHER CONTRACT FOR CONSTRUCTION OF THE NEW 'TREN METROPOLITANO DE SANTA CRUZ'

• BUDGET FOR 'TREN METROPOLITANO DE SANTA CRUZ' CONTRACT OF 1.00 BILLION DOLLARS