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Metro Line 12 Consortium Makes Statement

Stocks in this article: ICA

MEXICO CITY, March 19, 2014 (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV:ICA) and (NYSE:ICA), the largest infrastructure and construction company in Mexico, informed today that the consortium of which it is part for the construction of the Metro Line 12 in Mexico City published a statement in several Mexican newspapers today. A translation reads:

ICA                   Carso               Alstom

To public opinion:

The Metro Line 12 has carried more than 180 million passengers since starting operations in October 2012. It is a public work that is both necessary and visionary, and benefits 400,000 persons daily. The project uses a high level of technology and its cost per kilometer was significantly below that of the 18 similar projects built worldwide in the last decade.

This great achievement for Mexico City was possible thanks to the Mass Transit System (STC), the Metro Project of the Federal District (PMDF), and the ample and proven experience of the ICA-Carso-Alstom Consortium, whose members have built more than 229 km of Metro lines for Mexico City and supplied 67% of the trains currently in service.

We reiterate that the quality of the work was duly certified by the Certifying Consortium made up by ILF Beratende Ingenieure (ILF); TüV SüD Rail (TUV); Deutsche Bahn International (DBI) and Hamburg Consult (HC), and was supervised by Integracion de Procesos de Ingenieria, Lumbreras y Tuneles, Consultoria Integral en Ingenieria, and Ingenieria, Asesoria y Consultoria, with the participation of the Instituto Politecnico Nacional and the Instituto de Ingenieria de la Universidad Nacional Autonoma de Mexico.

On July 8, 2013, Joel Ortega Cuevas and Enrique Horcasitas Manjarrez and their work teams, representing the STC and PMDF, signed the Definitive Acceptance Act for the project, including the civil, rail, and electromechanical works. This Act stated that the STC has been responsible for the operation of Line 12 since October 30, 2012.

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