Metrovacesa Notifies Related Party Transaction Carried Out By Metrovacesa Group With BBVA

Banco Bilbao Vizcaya Argentaria SA 71DQ:

• NOTIFIES RELATED PARTY TRANSACTION CARRIED OUT BY METROVACESA GROUP WITH BBVA AS RELATED PARTY, FOR HAVING EXCEEDED, CUMULATIVELY AND IN AGGREGATE, THRESHOLD OF 2.5% OF ANNUAL AMOUNT OF TURNOVER

• BBVA IS SIGNIFICANT DIRECT AND INDIRECT SHAREHOLDER OF METROVACESA

• TRANSACTION RELATED TO DEVELOPER LOAN FOR THE BLUE VIEWS REAL ESTATE DEVELOPMENT (MANILVA) IS BELOW 11 MILLION EUROS (ESTIMATED 10.5 MILLION EUROS)

• TRANSACTION RELATED TO LINE OF GUARANTEES FOR AMOUNTS DELIVERED ON ACCOUNT AND TECHNICAL GUARANTEES FOR MEDBLUE REAL ESTATE DEVELOPMENT AMOUNTS TO ABOUT 5.5 MILLION EUROS

• TRANSACTION RELATED TO CONFIRMING CONTRACT FOR PAYMENTS ASSOCIATED WITH WORK ON MEDBLUE REAL ESTATE DEVELOPMENT IN MANILVA (MANILVA) IS ABOUT 7.4 MILLION