Gonvarri Steel Services acquires the industrial Colombian company Industrias Ceno.

Madrid. June 9, 2014 - Gonvarri Steel Services, leader in the steel service centers sector, has acquired the Colombian
company CENO

The Colombian company was founded in 1955 and has a strong presence in the Colombian metal structures market. Also
it exports its products to countries in the Latin America and the Caribbean. CENO bases its strategy on the metal
structures sector with a wide range of products and customer solutions.

CENO has 58 years of experience in the design, manufacture and installation of all types of metal structures designed to
meet the need of the commercial, electrical, telecommunications, oil, cement, farming and construction sectors.

The Colombian company has 4 headquarters in the main Colombian cities: Medellin, Bogota, Barranquilla and Cali, as well
as two production facilities in Medellin and Barranquilla, employing 500 people.

In Josu Calvo words, CEO of Gonvarri Steel Services, With this new acquisition we reinforce our international presence,
offering a personalized service to our clients in Latin America and Central America, also he said that Gonvarri Steel
Services provides all its accumulated knowledge, increasing the product portfolio, and consolidating the strategy of
incorporating new deals that provide value to the company.

About Gonvarri Steel Services

Gonvarri Steel Services (www.gonvarristeelservices.com) is a leading company in the steel service centers sector, with
revenues of over 2,2 billion in 2013 and selling 3,6 million tons of steel. Its strategy in the steel processing business is
based on the development of products and services with great added value, allowing the company to establish closer
relationships with the main clients in four business units: automotive, road steel, solar steel and industry. Gonvarri Steel
Services has 30 service centers located in 15 countries.