PRESS RELEASE. MOTA-ENGIL clarifies the meaning of its release on the conclusion of the reorganization process Following news disseminated by the press, we herein clarify shareholders and the general public on the meaning of the January 5th announcement regarding the conclusion of MOTAENGIL’S GROUP reorganization process. As such, where sub-holding company MOTA-ENGIL, CONCESSÕES DE TRANSPORTES, SGPS, SA, is mentioned, it refers to the direct stake it owns in the stakes the group owns in this business area, therefore excluding, unlike what was mentioned by the press, the minority stake held in Lusoponte (the concessionaire for the Tagus river crossings). Moreover, in a previous release (as of December 11th) the stakes that were transferred had been mentioned: “Following the required authorizations, the stakes in AENOR, LUSOSCUT DA COSTA DE PRATA, BEIRAS LITORAL E ALTA and GRANDE PORTO, where transferred to the subholding company that had been incorporated for this specific purpose. The aggregate length of the latter exceeds 500 kms of motorway concessions. Likewise, the stake in METRO DO SUL DO TEJO, SA was transferred to the abovementioned sub-holding company”. Porto, January 7th 2004 THE INVESTOR RELATIONS DIRECTOR EDUARDO ROCHA MOTA-ENGIL, SGPS, S.A. SOCIEDADE ABERTA CAPITAL SOCIAL: 204 635 695 EUROS MATRICULADA NA CONSERVATÓRIA DO REGISTO COMERCIAL DO PORTO COM O Nº 56.514 NIPC: 502 399 694 EDIFÍCIO MOTA RUA DO REGO LAMEIRO, Nº 38 4300-454 PORTO TEL: 351 22 5190300 FAX: 351 22 5190303 RUA MÁRIO DIONÍSIO, Nº 2 2796-957 LINDA-A-VELHA TEL: 351 21 4158200 FAX: 351 21 4158688