|Title of Security||Issuer||CUSIP / ISIN||Aggregate Principal Amount Outstanding||Dollars per U.S.$1,000 Principal Amount of Notes||Acceptance Priority Level|
|Base Consideration||Early Tender Premium||Total Consideration||Tender Cap Per Series|
|Floating Rate Senior Secured Notes due 2018||CEMEX, S.A.B. de C.V.||151290BL6 /US151290BL61P22575AG2 /US P22575AG20||U.S.$497,995,000||U.S.$1,003.75||U.S.$30.00||U.S$1,033.75||1||N/A|
|6.500% Senior Secured Notes due 2019||CEMEX, S.A.B. de C.V.||151290BJ1 /US151290BJ16P2253TJD2 /US P2253TJD20||U.S.$965,131,000||U.S.$1,032.50||U.S.$30.00||U.S$1,062.50||2||N/A|
|9.375% Senior Secured Notes due 2022||CEMEX Finance LLC||12516UAC9 /US12516UAC99 U12763AC9 /USU12763AC92||U.S.$1,410,940,000||U.S.$1,082.50||U.S.$30.00||U.S$1,112.50||3||U.S.$150,000,000|
If Notes are validly tendered such that the aggregate principal amount tendered exceeds the Aggregate Maximum Tender Amount, CEMEX will accept for purchase only the Aggregate Maximum Tender Amount of such Notes, and such Notes will be purchased in accordance with the Acceptance Priority Level, so that all such Notes having a higher Acceptance Priority Level will be accepted for purchase before any tendered Notes having a lower Acceptance Priority Level are accepted. On any given settlement date, if only a portion of the tendered 2018 Notes, 2019 Notes or 2022 Notes, as applicable, may be accepted for purchase consistent with the Aggregate Maximum Tender Amount, the aggregate principal amount of such Notes accepted for purchase will be prorated based upon the aggregate principal amount of 2018 Notes, 2019 Notes or 2022 Notes, as applicable, that have been validly tendered and not yet accepted for purchase in the Tender Offer (with appropriate adjustment to avoid purchases of Notes in a principal amount other than U.S.$200,000 and an integral multiple of U.S.$1,000 in excess thereof, in the case of the 2018 Notes, U.S.$200,000 and an integral multiple of U.S.$1,000 in excess thereof, in the case of the 2019 Notes, or U.S.$200,000 and an integral multiple of U.S.$1,000 in excess thereof, in the case of the 2022 Notes), provided that in no event shall CEMEX be obligated to purchase an aggregate principal amount of Notes exceeding the Aggregate Maximum Tender Amount. Nonetheless, Notes tendered prior to the Early Tender Date will have priority over those Notes tendered after the Early Tender Date notwithstanding any acceptance priority that may exist. However, we will not purchase more than U.S.$150,000,000 aggregate principal amount of the 2022 Notes, which amount will also be subject to proration based on the 2022 Notes Tender Cap as set forth in the Offer to Purchase.
Holders of Notes that are validly tendered at or prior to the Early Tender Date and whose Notes are accepted for purchase will be entitled to receive the applicable Total Consideration, which includes an early tender premium equal to U.S.$30.00 per U.S.$1,000 principal amount of Notes (the "Early Tender Premium"). Holders who tender Notes after the Early Tender Date but at or prior to 11:59 p.m., New York City time, on May 20, 2016 and whose Notes are accepted for purchase will be entitled to receive only the applicable Base Consideration per U.S.$1,000 principal amount of Notes, which amount is equal to the applicable Total Consideration less the Early Tender Premium. Holders who validly tender their Notes in the Tender Offer and whose Notes are accepted for purchase will also receive accrued and unpaid interest on the Notes from the last interest payment date preceding the applicable settlement date to, but not including, such settlement date. Holders of Notes who tender their Notes before the withdrawal deadline, which is 8:00 a.m., New York City time, on May 9, 2016, unless extended, may not withdraw their Notes after the withdrawal deadline, unless otherwise required by law. Holders who tender their Notes after the withdrawal deadline may not withdraw their Notes, unless otherwise required by law.If, at the Early Tender Date, the principal amount of the Notes validly tendered exceeds the Aggregate Maximum Tender Amount (i.e., the Tender Offer is "fully subscribed"), CEMEX has the option not to accept any additional Notes tendered after the Early Tender Date even if such Notes tendered after the Early Tender Date have a higher Acceptance Priority Level than Notes tendered prior to the Early Tender Date. CEMEX reserves the right, subject to applicable law, to extend, withdraw or terminate the Tender Offer, increase or decrease the Aggregate Maximum Tender Amount and/or the 2022 Notes Tender Cap or otherwise amend the terms of the Tender Offer.
The Tender Offer will expire at 11:59 p.m., New York City time, on May 20, 2016 and is subject to, and conditioned upon, the satisfaction or waiver of certain conditions described in the Offer to Purchase, including, among others, CEMEX having consummated the borrowing of U.S.$400,000,000 under CEMEX's facilities agreement, dated September 29, 2014 (as amended and restated).CEMEX has retained Citigroup Global Markets Inc. ("Citigroup") and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("BofA Merrill Lynch") to act as Dealer Managers for the Tender Offer. Holders with questions about the Tender Offer can contact Citigroup's Liability Management Group at +1(800) 558-3745 (toll free) or +1(212) 723-6106 (collect); or BofA Merrill Lynch's Liability Management Group at +1(888) 292-0070 (toll free) or +1(646) 855-3401 (collect). Holders can obtain additional copies of the Offer to Purchase and related material from the Information Agent and Tender Agent, Global Bondholder Services Corporation, at +1(866) 470-3700 (toll-free) or +1(212) 430-3774 (collect for banks and brokers). This release is neither an offer to purchase nor a solicitation of an offer to sell or buy any securities in any transaction. The Tender Offer is being made pursuant to the Offer to Purchase and the related letter of transmittal, copies of which will be delivered to holders of the Notes, and which set forth the complete terms and conditions of the Tender Offer. Holders are urged to read the Offer to Purchase and related letter of transmittal carefully before making any decision with respect to the Tender Offer. The Tender Offer is not being made to, nor will CEMEX accept tenders of the Notes from, holders in any jurisdiction in which the Tender Offer would not be in compliance with the securities or blue sky laws of such jurisdiction. None of CEMEX, the Dealer Managers, the tender agent, the information agent or the trustee, or any of their respective affiliates, makes any recommendation in connection with the Tender Offer.
Neither the Offer to Purchase nor any related documents have been filed with, and have not been approved or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary.This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. CEMEX assumes no obligation to update or correct the information contained in this press release.