Press Release

CEPSA ANNOUNCES FIRST-HALF 2012 EARNINGS 1 - SUMMARY

Clean CCS net incomein the first half of 2012 totaled €250.2 million, climbing 13% from the year before.

Clean CCS EBITin the 6-month period amounted to €493.8 million, up 11% year-on-year.

Clean CCS EBITDAstood at €818.3 million, 9% higher than the figure posted in the first half of

2011.