TRADING CALENDAR FOR 2016

BME, which comprises, among other entities, the four Spanish Stock Exchanges, the Spanish Futures and Options Market (MEFF) and the Corporate Debt Market (AIAF), informs that in 2016 the Spanish markets will be closed the following days:

• Friday, January 1^st    
• Friday, March 25^th    
• Monday, March 28^th   
• Monday, December 26^th