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Grupo Ferrovial obtained 3,277 million pesetas in net profits in the 1st quarter, 98.7% more than in 1998.

Ferrovial is awarded the Toronto Highway for 320,000 million pesetas and begins its 99- year management period.

The Definitive Price of the Grupo Ferrovial Offer fixed at 22.95 Euros (3,818 pesetas) per share

The Maximum Price of the Grupo Ferrovial Offer is set at 3,818 pesetas per share

Grupo Ferrovial reaches 167,788 Purchase/Subscription Orders in the retail section

Grupo Ferrovial begins Public Sale Offer on the 19th April

Cintra makes 30 billion peseta rights issue to continue expansion as infrastructure and transport promoter in Spain and abroad

Grupo Ferrovial decides to merge the construction business carried out by Ferrovial and Agromán

Grupo Ferrovial announces it is to go public

Cintra is awarded stretch 2 of the future M-45 motorway