Press release

Befesa Holding S.à.r.l.
Société à responsabilité limitée
share capital: EUR 12,500.03
Registered office:
2C rue Albert Borschette
L-1246 Luxembourg
Grand Duchy of Luxembourg
R.C.S. Luxembourg: B143916
(the "Company")

EUR 150 million 10.50%/11.25% PIK Toggle Notes due 2018 (the "Notes") issued by Bilbao (Luxembourg) S.A., admitted to trading at the Euro MTF market of the Luxembourg Stock Exchange and listed on the Official List of the Luxemburg Stock Exchange

ISIN (XS0983933580 - XS0983942656)

It is hereby notified that the annual report of Befesa Holding Sarl has been published on 30 April 2015 at Befesa's webpage at www.befesa.com under Investor Relations.

Luxembourg, April 30, 2015

Contact:
Befesa Holding S.à.r.l.
Antonis Tzanetis
2C Rue Albert Borschette
L-1246 Luxembourg
Tel.: 00352 26 753 111
Fax: 00352 26 753 100
e-mail: tzanetis@triton-partners.com