Repsol YPF

Investment and divestments

Investment in fixed assets and companies (millions of Euros) 2001 2002 2003 2004 2005 2006 2007 Property, Plant and Equipment 3,894 2,228 2,241 2,392 3,173 5,417 4,428 Intangible assets 91 57 80 83 134 156 145 Other non-current assets 301 194 392 189 154 145 466 Acquisition of shareholding in consolidated companies 170 194 1.124 1.083 252 19 334 Total Investments 4,456 2,673 3,837 3,747 3,713 5,737 5,373           Divestments 1,237 2,558 228 261 581 515 1,279

Related press releases:

> 30/07/2007 Repsol sells Tower block designed by Norman Foster to Caja Madrid
(only in Spanish)
> 31/10/2007 Repsol YPF- TERPEL agree on the sale of service stations in Chile

> 11/12/2007 Repsol sells 5% of CLH to DEUTSCHE BANK for 176.5 million euros

> 19/12/2007 Repsol YPF sells to DEUTSCHE BANK another 5% of CLH for 176.5 million euros

> 21/12/2007 Repsol YPF and the PETERSEN group sign an agreement for the sale of up to 25% of YPF

> 08/01/2008 Repsol approves the largest industrial investment ever made in Spain