Mota-Engil

Earnings Release • Jan 25, 2017

FINANCIAL SETTLEMENT OF THE FIRST CLOSING OF ASCENDI'S ASSETS DISPOSALS AGREEMENT

MOTA-ENGIL S.G.P.S., S.A informs that following the required reorganisation procedures and authorisations, as announced on 3 August 2016, and following the signature of the contract in December 2016, Ardian Infrastructure completed the financial settlement of the transaction's first closing ¹ .

The amount now settled reached around €384 million.

This first phase of the agreement with Ardian Infrastructure does not include the disposal of the stakes of ASCENDI GROUP, SGPS, SA in three other concessionaires(Ascendi Pinhal Interior - Estradas do Pinhal Interior, S.A., Ascendi Douro – Estradas do Douro Interior, S.A. and Autovia de Los Viñedos, Sociedad Anonima Concesionaria de La Junta de Comunidades de Castilla – La Mancha), which completion is dependent of several conditions and authorisations.

Porto, 25 January 2017

THE REPRESENTATIVE FOR THE MARKET RELATIONS LUÍS SILVA

¹ The first phase includes the direct and indirect stakes in Ascendi Norte – Auto-Estradas do Norte, S.A., Ascendi Beiras Litoral e Alta - Auto-Estradas das Beiras Litoral e Alta, S.A. Ascendi Costa de Prata – Auto-Estradas da Costa de Prata, S.A., Ascendi Grande Porto – Auto-Estradas do Grande Porto, S.A., Ascendi Grande Lisboa, Auto-Estradas de Grande Lisboa, S.A. and the respective operators, and also the stakes of 75% in Ascendi – Serviços de Assessoria, Gestão e Operação, S.A. and of 20% in Via Verde Portugal – Gestão de Sistemas Electrónicos de Cobrança, S.A..