August 9, 2011

CEMEX, S.A.B. de C.V. (CEMEX) (NYSE: CX) announced today that it has successfully rolled-over its securitization of accounts receivables program in Mexico.

To fund the transaction, a trust (at HSBC Mexico) issued MXN$2.5 billion (approximately US$202 million using an exchange rate of MXN$12.37 per U.S. dollar) of receivables-backed bonds maturing on October 5, 2015. The sale of receivables will be on a non-recourse basis and will not represent debt for CEMEX.

The bonds were priced at a spread of 200 bps over the 28-day TIIE interbank rate and were assigned an “mxAAA(sf)” rating by Standard & Poor’s and “HRAAA” by HR Ratings.

Proceeds of the securitization will be used to fully amortize the receivables-backed bonds issued on July 2009 under the securitization program which is being rolled-over and to pay down debt.

Fernando A. González, Executive Vice President of Finance and Administration, said: “We are pleased with having rolled-over our securitization program in Mexico with a new longer term program and achieving a lower interest-rate spread.”

CEMEX is a global building materials company that provides high-quality products and reliable service to customers and communities in more than 50 countries throughout the world. CEMEX has a rich history of improving the well-being of those it serves through its efforts to pursue innovative industry solutions and efficiency advancements and to promote a sustainable future.

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This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of CEMEX to be materially different from those expressed or implied in this release, including, among others, changes in general economic, political, governmental and business conditions globally and in the countries in which CEMEX does business, changes in interest rates, changes in inflation rates, changes in exchange rates, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release.

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