CEMEX Prices IPO of Subsidiary, CEMEX Latam Holdings, S.A.

CEMEX, S.A.B. de C.V.

, announced today that CEMEX Latam Holdings, S.A. (“CEMEX Latam”), a wholly-owned subsidiary of CEMEX España, S.A., has priced its initial offering of 170,388,000 new common shares, at a price of 12,250 Colombian Pesos per common share. The common shares offered by CEMEX Latam include (a) 148,164,000 new common shares offered in a public offering to investors in Colombia and in a concurrent private placement to eligible investors outside of Colombia, and (b) an additional 22,224,000 new common shares offered in such private placement that are subject to a put option granted to the initial purchasers of the private placement during the 30-day period following closing of the offering. After giving effect to the offering, CEMEX España,