CEMEX to Increase Cement Production in the UAE with Construction of a New Grinding Facility; Investment Estimated at US$50 Million

The construction of the grinding facility will increase commercialand production capacity in the region to 1.6 million metric tons ofcement. The estimated investment in the new facility is US$50 millionand is part of a CEMEX worldwide $500 million expansion capitalprogram planned for 2006.

Since January 2006, CEMEX's commercial cement operations have beensupplying cement thru the Corregidora silo ship to CEMEX Ready Mixoperations and other customers in the United Arab Emirates.

The new grinding facility will be built on almost 59,000 squaremeters or land and will include buildings for raw material storage,silos, and other structures for the storage and delivery of cement.The facilities will also house offices, workshops and a laboratoryused for quality control purposes. The project will comply with strictglobal and local environmental requirements and is expected to becompleted and fully operational by mid 2007.

CEMEX started operating in United Arab Emirates in March 2005after acquiring RMC Group, focusing on ready mix concrete productionand ground slag supply to the construction industry.

One of the most notable ongoing projects, where CEMEX is working,is the US$4.1 billion Dubai International Airport expansion, one ofthe largest airport expansion developments in the World.

CEMEX is a growing global building solutions company that provideshigh quality products and reliable service to customers andcommunities in more than 50 countries throughout the world.Commemorating its 100th anniversary in 2006, CEMEX has a rich historyof improving the well-being of those it serves through its efforts topursue innovative industry solutions and efficiency advancements andto promote a sustainable future. For more information, visitwww.cemex.com.