CORRECTION - Isolux Corsan: Isolux Corsán Will Build Various Sections of Road in Armenia

Madrid (ots/PRNewswire) -

In the news release, "Isolux Corsán Will Build Various Sections of
Road in Armenia" issued on 31 May 2012 11:31 GMT, by Isolux Corsan
over PR Newswire, we are advised by a representative of the company
that in the paragraph titled "About Isolux Corsán" the distance in
the fourth paragraph should have read "5.533 kilometres" rather than
"533 kilometres" as originally issued inadvertently. Complete,
corrected release follows:

- The project, valued at $250m, is funded by the Asian
Development Bank

- The works are scheduled to take up to 3 years

Isolux Corsan has been awarded a contract to build 91.7
kilometres of road in Armenia. The project is located in the
country's north-south communication corridor, 550 km long, which will
connect Armenia with Iran to the south and with the Black Sea via
Georgia to the north. It will require a capex of over $1.5 bn.

The section awarded runs between Ashtarak and Talin. The company
will be building additional lanes and new road on the existing M-1,
and refurbishing the stretch between Yerevan and Ashtarak,-as well as
refurbishing and enhancing the existing M-2 between Yerevan and
Ararat.

The project awarded, with a tender value of $250m, is funded by
the Asian Development Bank.

For Isolux Corsan, this contract opens the door into a new market
with enormous potential, and the expansion of its construction
division in a location the company considers strategic for its
development.

About Isolux Corsan

Isolux Corsan is a major global company in the power, concession
and construction businesses. It operates in over 30 countries on four
continents. Its main growth drivers are the construction of large
transport infrastructure, such as toll roads, railways, air-and
sea-ports, hydro-power plants, and singular buildings. Isolux Corsan
manages concessions that operate 5.533 kilometresof transmission
lines in India, Brazil and the USA; 1,610kilometresof toll roads in
Brazil, India, Mexico and Spain, and over 22,000 parking spaces in
Spain.In the power industry, the group generates 250 GW/h of solar
photovoltaic energy in Spain, Italy and India each year, and is a key
player in the engineering, procurement and construction (EPC) of
power plants, with 1,500 MW currently under construction.
http://www.isoluxcorsan.com

ISOLUX CORSAN:

Gabinete de prensa, Macarena Ramirez Aparicio (+34-91-449-32-93)
| mramirez@isoluxcorsan.com

ots Originaltext: Isolux Corsan
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