ABENGOA REACHES MAJORITY NECESSARY TO MOVE THE PROVISION OF NEW MONEY FORWARD.

Abengoa S.A. communicated yesterday, on the 28^th of February 2017, as a relevant fact that it has obtained the majority scheduled in the Restructuring Agreement to adapt the disbursement mechanism of the financing of new money (the “Disbursement Proposal”) as planned in the Term Sheet and in the Restructuring Plan, so that a portion thereof may be disbursed in advance.

The approval of the disbursement proposal will allow the company to begin the process of finalisation and execution of the Restructuring Agreement, for the disbursement of the new money and for achieving the Feasibility Plan.