Puertollano is the key of your businesssuccess: a city under continuousdevelopment, a city for investment.

Puertollano, a City for Investment.

Puertollano, a city for investment.

Industrial city in Castilla-La Mancha.

Puertollano is the best option for those who aresearching for a place in where to invest. A city undera business expansion and diversification process.

Our city offers numerous advantages to investors: astrategic location in the mid-south of Spain with anexcellent transport network; a modern city that commitsto the development of new technologies and renewableenergy; a high-qualified labor environment; a wide andcompetitive offer on industrial land and interestingincentives for national, autonomous and localinvestments.

Puertollano is a city with a population of more than52,000 inhabitants, located in the center of Spain. It isthe most important industrial center in Castilla-LaMancha and one of the main areas of industrial activityin the mid-south of Spain.

This productive potential has its origin in thetransformation of energy resources such as coal atand oil. After a finished first stage based in the traditionalmining industry, Puertollano has now one of the biggestopen cut mines of the country, exploited by ENCASUR(Endesa Group). Our city has as well one of the mostimportant petrochemical complexes in Spain, whichbelongs to the REPSOL-YPF group. Besides, the cityhas two thermal power stations: E.ON-PuertollanoThermal Power Plant and ELCOGAS, a combined cyclepower plant which is pioneer regarding Integrated coalGasification with Combined Cycle (IGCC). Moreover,Puertollano is furthering R&D projects related tohydrogen production and CO2 capture.

Today, Puertollano is still committed to energydevelopment linked to clean and renewable energy.The industrial activity of the city is currently immersedin a process of diversification. Since 2004, our city hasbeen chosen by different companies related to solarenergy, such as SILICIO SOLAR and SOLARIAENERGIA & MEDIOAMBIENTE.

Pyramid of Population of Puertollano

02000 2000

Wor

kfor

ce

Wor

kfor

ce

A City for Investment

2005 2007 2009

50.082

50.838

51.959

Source: National Statistics Institute.

Population of Puertollano

IN PUERTOLLANO, A 69% OFINHABITANTS ARE WORKFORCE, WHICHMEANS A TOTAL OF 35,461 INHABITANTS:

-MEN: 17,812

-WOMAN: 17,649

Source: Local Council Population RegistrySource: National Statistics InstituteEdited by: Puertollano Observatory Center.

Source: 2009 Economic Yearbook of La Caixa.Edited by: Puertollano Observatory Center.

PuertollanoAlbaceteVillaseca de la SagraAzuqueca de HenaresToledoGuadalajaraTrilloCiudad RealTalevera de la ReinaTomelloso

508239179147142137135918175

276794

117125130135202221239

City/TownIndustrial

RateNationalRanking

AlbacetePuertollanoToledoTalevera de la ReinaCiudad RealGuadalajaraCuencaAzuqueca de HenaresVillaseca de la SagraTomelloso

34620118615013913598716153

47727995

103108153206226260

C i t y / T o w n

EconomicActivity

Rate

NationalRanking

International City of Energy

Puertollano banks on an industrial sustainablediversification; therefore it has become the “InternationalCity of New Energies”. Puertollano has boosted projectsrelating industrial research and technology andinnovation development, such as the ISFOC -Institutefor Concentration Photovoltaic Systems- and theNational Center on Hydrogen and Fuel Cell TechnologyExperimentation. New innovation projects strength theobjective of making Puertollano a reference regardingrenewable energy, an example of energy evolution, acity that has evolved from coal to the sun.Puertollano is also an example for its education offerwith specialized and high-qualified education in energyand innovation. During years, educational basis arebeing consolidated in order to give an answer to theneed for human and technological resources as a resultof the new industrial network.

A City for Investment

In August, 2008, RENOVALIA ENERGY opened oneof the biggest solar photovoltaic parks in the world,with a nominal power rating of 47,60 Mw. Currently,RENOVALIA projects the construction of three newthermo-solar plants with a power rating of 50, 12.4 and8 Mw, respectively.In May, 2009, IBERDROLA RENOVABLES openedthe first 50 MW field of thermoelectric solar energy,which estimates a production of over 100 million Kwhper year.

Industrial Land.

Land for industrial developmentand economic activity.

Puertollano has a wide and competitive offer on qualifiedindustrial land, which is adapted to each industrialproject needs and provided with all the necessaryfacilities and infrastructures: all at a very competitiveprice.

The city has five industrial areas differentiated accordingto the economic activities prevailing in each of them.All are provided with a good accessing infrastructureand they all are perfectly communicated to the mainindustrial and urban locations thanks to high-capacityroads.

Industrial Land

Besides, Puertollano is connected to the conventionaland freight railroad network and to the high speed(AVE) train, as well as to the air transport thanks tothe Ciudad Real Central airport, located at less than20km.

Fundescop web site, www.fundescop.net, providesinvestors with all the required information on purchaseprocesses, requirements and application forms toacquire lots in the industrial estates, especially in LaNava, information about the investor’s responsibilitiesand the price of land for each industrial estate.

2004 2006 2007

+1 .000 .000

+1.500.000+2.000.000

Source: National Statistics Institute.

Total Industrial Surface of Puertollano(m2)

SEPES207,900 m2

ARAGONESAS81,800 m2

LA NAVA2,000,000 m2

CERRO DE LAAZUCENA

62,400 m2

ESCAPARATE112,600 m2

Business Parks and Industrial Estates in Puertollano.

Aragonesas Industrial EstateIt is the nearest Industrial Estate to the Petrochemicalcomplex. You can access it via the new East bypasswhich directly links the Industrial Estate to the A-41Ciudad Real – Puertollano highway, as well as, to theSouth bypass, which is connected to the N-420 nationalroad (heading for Cordoba). The economic activity ofthe Estate is based on manufacturing and petrochemicalauxiliary industry.

Sepes Industrial EstateThis Industrial Estate is located near the CR-504Puertollano – Calzada de Calatrava road and it is veryclose to the Petrochemical complex. It is connected tothe A-41 Ciudad Real – Puertollano highway, thanksto the new East bypass. Its business activity is mainlybased on petrochemical auxiliary industry, such asindustrial assembly and boiler making services.

Cerro de la Azucena Industrial EstateIt is located in the CM-410 regional road (heading forAlmodovar del Campo). It is comprised of businessand commercial companies.

Escaparate Industrial EstateIt is a private Industrial Estate close to the N-420national road. All businesses here are based oncommercial activities.

La Nava Business ParkThis Business Park is located at the south-east ofPuertollano, close to the N-420 national road. It isprojected to be directly connected to the A-41 Toledo– Córdoba (toll) motorway. FUNDESCOP, theDevelopment Agency for Puertollano is responsible ofindustrial land management. The Agency gives thenecessary information on lots availability and purchasingrequirements. La Nava Business Park currently hasavailable lots and the purchasing process is currentlyopen.

Industrial Land

Competitive price at 2 – 5 /m2

for all the projects that will createemployment.

La Nava.

The Business Park of Puertollano.

Industrial Land

With an area extension around two million squaremeters, La Nava is one of the most important industrialareas in Castilla-La Mancha. Many businessmen andentrepreneurs have chosen La Nava as the ideal placeto develop their investment projects.

The Industrial Estate is divided into lots of 2,000 and100,000 m2, provided with all the required facilities andinfrastructures a company may need: electrical gridwith a range of voltages (low and medium rate), drinkingwater, natural gas and fiber-optic telecommunications.Lots price ranges from 2 to 5 /m2 for employmentcreation projects.

This Estate also has a ‘Business Park for SMEs’, meantfor meeting the SMEs needs, which offers 34 industrialbuildings of about 300 and 450m2 at a lower price.

Finally, the Chamber of Commerce in Ciudad Realoffers a center aimed at entrepreneurs. This center iscomprised of offices and buildings in whichentrepreneurs can start and develop their businesscareer.

This great industrial area is mainly aimed at businessactivities related to renewable energy.

SEPES207,900 m2

ARAGONESAS81,800 m2

LA NAVA2,000,000 m2

100%in use

100%in use

Developmentin three phases

Phas

e1

Phase2

Phas

e3

Main Infrastructures

Electrical grid with a range of voltages (50w/m2

supply guaranteed).Drinking water.Drains and sewage systems.Fiber-optic telecommunications.Natural gas.Direct access to the N-420 road and to the futuremotorway.Local public transport.4* Hotel with services like nursery, restaurants,business center, etc. (Under construction).

LA NAVAIII-I

276.73

84.26

135.07

LA NAVAII

LA NAVAI

Estimated Investmentfor La Nava Business Park (EURm)

LA NAVA I

Total area:Area in lots:Available area:Companies:Companies in production stage:

343,636 m2

260,367 m2

0 m2

44

Business Park

LA NAVA II

Total area:Area in lots:Available area:Companies:Companies in production stage:Price / m2 developed:

438,215 m2

256,388 m2

16,648 m2

2017

2 – 5

Business Park

LA NAVA III

Total area:Area in lots:Available area:Companies:Companies in production stage:Price / m2 developed:

1,096,854 m2

736,317 m2

319,077 m2

235

2 – 5

Business Park

Industrial Land

La Nava – Phases and Characteristics.

Economic Aids and Subsidies.

Supporting productive investments and employment creation.

Economic Aids and Incentives

Puertollano is one of the municipalities with more publicaids granted for employment creation investments.

The Council of Puertollano supports the implementationof businesses and companies via discounts in industrialland and local tax reductions, such as tax on buildings,

installations and works (ICIO) and property tax (IBI).

The Regional Government of Castilla-La Mancha iscommitted to support business projects in the Regionand offers an aid-package covering most of theinvestors needs: quality and design investment and

MAIN INCENTIVES FOR INVESTMENT

*MINER (Ministry of Industry,

Tourism and Trade)

*Regional Incentives(FEDER – Ministry of

Economy and Finance

*ENTREPRENEURIAL

INVESTMENT INCETIVES

(Regional Government of

Catilla-La Mancha)

SMALL PROJECTS OFINVESTMENT (MINER)

Ben

efic

iarie

sR

equi

rem

ents

Elig

ible

Inve

stm

ent

Aid

Am

ount

· Processing Industries.· Activities aimed at providingindustry services tocompanies, healthcareservices and those relatedto rural tourism, leisure,environment as well asprojects concerned withinformation society,innovation and newtechnologies development.

· Processing industries andproduction servicecompanies promoting newtechnologies.· Tourism establishments.· Leisure centers.

· Industry and supportcompanies.· Intermediate organism.

· Natural, artificial, public orprivate persons.. Self-employers and joint-ventures.

· Minimum investment: 240,000

· Creation ofemployment: minimum 3jobs during at least 3years.

· Min. Investment: 600,000for new and modernizationprojects.· Max. Investment: 600,000for expansion projects.

· Investment ranges from 30,050 to 901,518.

· Min. Investment: 120,000for corporations and 30,000for joint-ventures and self-employers.· Creation of employment: atleast 1 job.

· Land.· Services supply.· Development & externalworks.· Civil works.· Capital goods.· Planning works.· Investments in tangible orintangible fixed assets.

· Civil works.· Capital goods.· Planning works.

· Land.· Civil works.· Capital goods.· Technical projects.· Information technology.· Planning works.

· Land.· Civil works.· Capital goods.· Planning works.· Investments in tangible orintangible assets.

· Up to 50% of eligibleinvestment.

· Up to 30% of eligibleinvestment.

· Up to 30% of eligibleinvestment.

· Up to 50% of investment(up to a maximum of

200,000).

Economic Aids and Incentives

promotion, business expansion and modernization,promotion and internationalization of foreign trade andtraining and permanent employment support.

Puertollano is the only city in the region that benefitsfrom the economical aids granted by the Coal Mining

National Plan, which enhances the consolidation of anew and alternative industrial system.

In our web site investors can find all the necessaryinformation on economic aids and subsidies, as wellas hyperlinks to the corresponding institutions.

*These incentives are not mutually exclusive: all of them may be applied to the same project. The amount ofthe incentive can reach the 50% of the eligible investment for SMEs.

PERMANENT EMPLOYMENT (RegionalGovernment of Castile-La Mancha) (subject to

notification)

SOCIAL SECURITY DISCOUNTS (Ministry of Laborand Immigration)

Obj

ectiv

eA

ids

Promoting indefinite-term contracts for unemployed people. Promoting indefinite-term contracts for unemployed people.

· Up to 8,000 for unemployed women.· Up to 4,000 for unemployed men.· Up to 9,000 for groups out of the labor market andvictims of gender-based violence.· Self-employers (freelancers): 2,000 for the firstpermanent employee.

Discounts on the social security quotas.

MAIN AIDS AIMED AT THE SUPPORT OF PERMANENT EMPLOYMENT

TAX REDUCTION ON BUILDINGS,INSTALLATIONS AND WORKS

FREE BUSINESS ADVISE SERVICES- FUNDESCOP -

Obj

ectiv

eA

ids

Discount on the ICIO quota if works are considered ofspecial or municipal interest. Fudescop will considerrequirements such as local interest works and supportingthe creation of employment.

· Advice and follow-up on the implementation of projectsin Puertollano.· Processing Subsidies and incentives.

A reduction up to 75% (depending on each project).

MAIN AIDS / INCENTIVES OF THE MUNICIPALITY OF PUERTOLLANO

Bilbao

Barcelona

Valencia

Malaga

Algeciras

Lisbon

Madrid

A Coruña

Seville

Zaragoza

Puertollano

Valladolid

Gijon

Palma

CartagenaHuelva

Transport Network

Transport Network.

PUERTOLLANO

Puertollano has become a strategic place in the mid-south of Spain. An excellent net of infrastructures allowscommunication between Puertollano and main citiesand ports in Spain.

By road, Puertollano has direct connection to the A-43Levante – Extremadura highway and it is projected adirect access to the AP-41 Madrid – Córdoba (toll)motorway.

Since 1992, there is a train station for the high-speedtrain (AVE) which connects Puertollano to Madrid injust over an hour and Puertollano to Seville / Malaga

in an hour and a half. Puertollano is also linked to theconventional train network and there is a freight trainstation close to La Nava industrial area.

Ciudad Real Central Airport is situated less than 12.4miles (20 km) from Puertollano. It is the first internationalprivate airport for public use in Spain. The airportcomprises the best logistics area in southern Europe.The airport infrastructure is also comprised of a DryPort of 17 hectares which is totally integrated in theEuropean Combined Transport Network, becoming thesecond infrastructure most important in Spain.

A-5

A-4

A-3

A-2

A-1

A-6

CM-400

A-43

Bilbao

Barcelona

Valencia

Malaga

Algeciras

Lisbon

Madrid

A Coruña

Seville

Zaragoza

Puertollano

Valladolid

Gijon

Palma

CartagenaHuelva

AIRPORT

PORTS

ROADS

AVE

ROADSA-41 Ciudad Real – Puertollano highway:integrating part of the A-43 Levante –Extremadura – Lisbon highway, as well asthe AP-41 Madrid – Toledo – Cordobamotorway.

RAILROAD·High-speed train (AVE): Madrid – Seville –Malaga route. Train departures and arrivalsevery 30 minutes. Shuttle trains from/toPuertollano – Ciudad Real – Madrid.

CLOSEST SEA PORTS·Valencia.·Cartagena.·Malaga.·Algeciras.·Barcelona.·Bilbao·Lisbon.

·Conventional train: Badajoz – Merida –Alcazar de San Juan. Connection to anystation of the Spanish railroad network.·Freight train station at La Nava industrialarea.

Transport Network

AIRPORTInternational Ciudad Real Central Airport (12.4miles far from Puertollano).

Access:·A-41 Ciudad Real – Puertollano highway.·Train station under construction: high-speedtrain (AVE) and conventional and freight train.·Main technical characteristics:· Runway length: 4,000 m (4376 yards)·Runway width: 60 m (65.64 yards)·Operation: 24h / 365d

2009:·Operations: 3,813·Passengers: 53,600 passengers·Freight: 1,113,000 kg (2,448,600 pounds)

DISTANCIAS

ROAD

MADRID: 242 Km / 150.04 milesSEVILLE: 290 Km / 179.8 milesLISBON: 540 Km / 334.8 milesVALENCIA: 390 Km / 241.8 miles

AVE

MADRID: 70 Min.SEVILLA: 90 Min.MÁLAGA: 100 Min.BARCELONA: 240 Min.

AIRPORT

MADRID: 250 Km / 155 milesBARCELONA: 726 Km / 450.12 milesVALENCIA: 400 Km / 248 milesSEVILLE: 276 Km / 171.12 miles

PORTS

VALENCIA: 390Km / 241.8 milesCARTAGENA: 400 Km / 248 milesALGECIRAS: 436 Km / 270.32 milesHUELVA: 378 Km / 234 miles

Human Resources.

An added value for the present and future.

Training & Workforce

EDUCATION AND TRAININGPuertollano has a skilled workforce historically get usedto work in a leading industry environment.Our city offers a high-quality education focused onspecialized training in different industry sectors andservices. This educative offer is in constant adaptationto the labor market needs.Talking about innovation and new technologies,Puertollano offers high-quality training on solar andhydrogen technology. The Red Virtus center, locatedin our city, provides specialized vocational training. Itis worth pointing out the Aeronautical Training Center,which is one of the only few in Europe having beengranted with a certification by the Spanish Ministry ofPublic Works to offer training courses for Techniciansin the Maintenance of Aircrafts.

SPECIALIZED CENTERS

· University: University Study Center – University ofCastile-La Mancha.

· Red Virtus: Excellence Training Center (Aeronauticsand New Technologies).

· Research & Study Centers:

ISFOC (Institute for Concentration PhotovoltaicSystems)

National Center on Hydrogen and Fuel Cell Technology Experimentation.

Higher Technician / Architect (University Degree)Administrative ManagerAdministrative Assistant grade 1Administrative Assistant grade 2Secretary / Administrative AssistantAuxiliary Staff

CATEGORY

1,004.10971.75913.53895.86874.80855.45

4.384.384.384.384.384.38

100100100100100100

Source: Provincial Agreement for Metallurgical Industries (2009)

Average Wage Structure in the Industry Sector

Agriculture & FishingIndustryConstructionServicesNo previous job

Total

Sector *Unemployment

52565936

3,157600

5,310

WORKFORCE

AVAILABILITY

Source: Public Employment Service of Castile–LaMancha (data for Puertollano).

Last Update: 01/31/2010

*Unemployment: unemployed active workforce.

Training & Workforce

89726851728

5,310

< 2525-44>45

Total

Age *Unemployment

+Women3039

Men2271

= *Registered Unemployment5310

Wage( /month)

Transport Supplement ( /day)

Incentive Supplement( /month)

Puertollano, with more than 52,000 inhabitants, is arich and attractive city which offers an excellent qualityof life thanks to different factors such as nationaltransport connections (high-speed train –AVE-, CiudadReal Central Airport), high training and education level,medical and health services, warm temperatures andgood weather (number of sun hours per day), excellentsocial tolerance feeling, good-value-for-money servicesand even integration of nature in urban areas.

Our city is at the citizen service: it is a warm city whichoffers all big city privileges mixed with the peace of avillage. Traditional buildings live in harmony withsustainable development which results in an urbanarea in touch with nature.

The main responsibility of Puertollano is based on itsown history which is represented in our artistic heritage,such as our ‘Fuente Agria’ (a bitter water fountain), the

Quality of Life.

A base for development.

Quality of Life

monument dedicated to mining workers known as ‘ElMinero’ and an ancient thermal spa called ‘La Casade Baños’. Talking about open nature spaces,Puertollano is located at a privileged place close to the‘Valle the Alcudia’ and ‘Dehesa Boyal’ valleys.

Puertollano has become in the city with the best publicnetwork of sport facilities in the Region. Our city offersnumerous places for sports such as paddle, athletics,martial arts, swimming, etc. Besides, here you can findone of the best sport specialty centers of Spain.

The region of Castile-La Mancha, specificallyPuertollano, is renowned for its gastronomy. It is worthpointing out the tasty and traditional tapas, which isour sign of hospitality, as well as our regional cuisine.Our gastronomy gets a new vision with our regionalwines, which will fully satisfy the most discerninggourmets.

Fundescop, Development Agency of Puertollano,is a local entity responsible for enhancing thesocioeconomic and business development inPuertollano. Fundescop was founded in 1998by the Council of Puertollano together with themain Trade Unions (UGT and CCOO), businessrepresentatives, the Federation of Entrepreneurs(FEPU) and the Chamber of Commerce ofCiudad Real.

The Agency for the Development in Puertollanois a private non-profit making foundation, whichcurrently consists of representatives of eachfounding entity.

The Board

The governing body and representation of Fundescopis its Board. The Board may also grant legalrepresentation of the Foundation to one or several ofits members either jointly or separately.

The Board is made up of a Chairman, the current Mayorof Puertollano, one member of each Political Party withrepresentation on the Council (PSOE, PP and IU), the

founding Trade Unions (UGT, FIA-UGT and CCOO)the Federation of Entrepreneurs of Puertollano (FEPU)and the Chamber of Commerce of Ciudad Real.

The Board meets regularly to oversee the Agency day-to-day activities and decide issues concerning theeconomic development of Puertollano.

-Establish and define general policies onmanagement, administration and procedures ofthe Foundation.

-Control, oversee and monitor the procedures ofthe Foundation.

Responsibilities of the Board

-Guarantee the implementation of the foundingand basic objectives and bylaws of the Foundationand, if appropriate, agree its modification.

-Draft and approve the Foundation annual accountsand the required documentation for its presentation.

The Board

BOARD

Managing Company

CHAIRMAN

Public NotarySecretary

Public NotaryAudito

FEPURepresentatives

UGT and CCOORepresentatives

Local Political PartiesRepresentatives

(right to speak)

CHAMBER OF COMMERCERepresentatives

(right to speak) (right to speak)

(right to speak and right to vote) (right to speak and right to vote) (right to speak and right to vote) (right to speak and right to vote)

(right to speak and right to vote)

OBJECTIVES

The main objective of Fundescop is to “promote thedevelopment of Puertollano by encouraging theentrepreneurial spirit of its citizens, as well as to createthe required conditions for investment and creation ofemployment in our city. Besides, Fundescop works for

the training of qualified workers according to the needsof the productive sector“.

Fundescop works every day for the development andfuture of Puertollano.

-Promotion of Puertollano.

-Enhancing the business development.

-Management of Council-owned industrial land.

-Promotion of skilled and permanent employment.

-Promotion of technology innovation and companymodernization.

Activities of Fundescop:

-Enhancing training of citizens.

-Encouragement of social economy and self-employment.

-Fostering entrepreneurial spirit.

Fundescop

*