RNS Number : 2699T

Obrascon Huarte Lain, S.A.

16 July 2020

London Stock Exchange

Madrid, July 16^th 2020

Ref.: Fitch Ratings downgrade

Dear Sirs,

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

INSIDE INFORMATION

Fitch Ratings has today downgraded the corporate family rating and senior unsecured debt ratings of OHL to CC from CCC+.

Yours faithfully,

José María del Cuvillo Pemán

Secretary of the Board of Directors

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