CEMEX announces resolutions of Extraordinary General Shareholders Meeting

Monterrey, Mexico. September 4, 2009 – CEMEX, S.A.B. de C.V. (NYSE: CX) announced today that CEMEX stockholders approved the resolutions discussed at the Extraordinary General Shareholders Meeting held this Friday, September 4, 2009.

The approved resolutions are as follows:

• An increase in the variable portion of the capital stock of up to 4.8 billion shares (equivalent to 1.6 billion CPOs or 160 million ADSs). The subscription and payment of the new shares represented by CPOs may be done indistinctively through a public offer or through the issuance of convertible bonds.
• Under the resolution approved by the shareholders, any public offer and/or issuance of convertible bonds would be required to be carried out within a period of 24 months.
• Appointment of a delegate or delegates to formalize the resolutions adopted at the meeting.

The proposals recommended by the Board of Directors and now approved by the shareholders are designed to give CEMEX the flexibility to issue additional equity and/or convertible bonds when market conditions are appropriate and thus strengthen CEMEX’s balance sheet.

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. For more information, visit www.cemex.com.

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This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. No assurances can be given as to when or whether CEMEX will consummate a public offering of equity securities or issue convertible bonds under the approvals granted by CEMEX shareholders or as to the terms of any such offering or issuance. Many factors could affect CEMEX’s decisions to proceed with any such offering or issuance. Many factors could also 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. CEMEX assumes no obligation to update or correct the information contained in this press release.