Conversion into definitive securities of KSV AE to KSV AE

NOTICE N.º 0024/11

We hereby inform that the shares representing a part of the increase of the share capital from 304.967.371,00 to 394.152.216,00 EUR, of SACYR Vallehermoso, S.A., registered under the code KSV9AE--R, took the code KSV AE.

INTERBOLSA, 6^th January, 2011