Fisia Babcock Environment GmbH

As part of the implementation of the plan to monetize Group's non-core assets, the sale to third parties was finalized in the first half of 2014 for the entire interest - equal to 100%- held by the Group through its subsidiary Impregilo International Infrastructures N.V., in the German company Fisia Babcock Environment GmbH. Taking into account the fact that this interest, at March 31, 2014, was classified in accordance with IFRS 5 under ‘Non-current assets held for sale and discontinued operations', the net profit of the aforementioned sale, amounting to roughly €89.2 million, was accordingly reflected in the net profits of the assets held for sale.