Cemex Latam Holdings S.A. US$1.2 billion overdemanded IPO in the Colombian Stock Exchange

Posse Herrera Ruiz acted as Colombian legal advisor to Citibank, BBVA, Banco Santander, Bank of America and Merrill Lynch in IPO of Cemex Latam Holdings S.A.

November 16Th 2012:  Offers for a US$1.2 billion overdemanded IPO of Cemex Latam Holdings S.A. took place in the first trading day in the Colombian Stock Exchange, the largest ever in Colombia, with concurrent Rule 144A/Reg S listing. This transaction is the first instance of a foreign company listing only in Colombia, only the third instance of a bookbuilding offering in the Colombian market and at US$1.2 billion the largest IPO ever in the Colombian stockmarcket.

According to Mariana Posse "The innovating characteristics under which this IPO took place was a definite challenge with an outstanding success in its first day in the Colombian Stock exchange, requiring great effort and collaboration with the regulatory entities.

Cemex priced its initial offering of 170,388,000 new common shares, at a price of 12,250 Colombian.

LEGAL ADVISORS

Legal advisor for Citibank, BBVA, Banco Santander, Bank of America and Merrill Lynch.

Posse Herrera Ruiz:

•            Mariana Posse

•            Juan Guillermo Ruiz

•            María Fernanda Flórez

•            Juan Guillermo Becerra

Cleary Gottlieb

•            Duane Mc Laughlin

•            Francisco Garay

•            Sebastian Villaveces

•            Norma Castañeda

•            Lorena Slebi

Legal Advisors for Cemex

Gómez Pinzón Zuleta

•            José Luis Suarez

•            Andrea Fradique

•            Felipe Molano

Skadden

•            Hugo Triaca

•            Adam Waitman

Uría Menéndez

•            Partner Javier Redonet and associates José Gabriel Martínez Paños, Fernando Ramos de Lucas, Enrique Nieto y Francisco Pizarro.