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Corporate Structure

This chart summarizes our corporate structure as of December 31, 2010. The chart also shows, for each company, our approximate direct or indirect percentage equity ownership or economic interest.


The chart has been simplified to show only our major holding companies in the principal countries in which we operate and does not include all our intermediary holding companies and our operating company’s subsidiaries.


Corporate Structure

(1) Includes approximate 99.87% interest pledged or transferred to a trustee under a security trust as collateral under the Financing Agreement (the “Collateral”).
(2) Includes approximate 99.99% interest pledged as part of the Collateral.
(3) Includes approximate 100% interest pledged as part of the Collateral.
(4) CEMEX, S.A.B. de C.V. and Centro Distribuidor de Cemento, S.A. de C.V. indirectly hold 100% of New Sunward Holding B.V. (“New Sunward”) through other intermediate subsidiaries.
(5) Includes the interest of New Sunward, CEMEX, S.A.B. de C.V. and other subsidiaries of the group.
(6) Includes approximate 99.63% interest pledged as part of the Collateral.
(7) Includes CEMEX España, S.A.’s (“CEMEX España”) 69.39% interest and CEMEX France Gestion (S.A.S.) 30.61% interest.
(8) Formerly RMC Group, p.l.c.
(9) EMBRA AS is an operational company and also the holding company for operations in Finland, Norway and Sweden.
(10) Includes CEMEX Asia Holdings Ltd.’s (“Cemex Asia Holdings”) 70% indirect economic interest and 30% equity ownership by CEMEX España.
(11) Represents CEMEX Asia Holdings’ indirect economic interest.
(12) Represents our economic interest in three UAE companies, CEMEX Topmix LLC, CEMEX Supermix LLC and CEMEX Falcon LLC. We own a 49% equity interest in each of these companies, and we have purchased the remaining 51% of the economic benefits through agreements with other shareholders.
(13) Includes CEMEX (Costa Rica), S.A.’s 98% interest and CEMEX España’s 2% indirect interest.
(14) Registered business name is CEMEX Ireland.
(15) On June 18, 2008 the Government of Venezuela promulgated a Nationalization Decree, mandating that the cement production industry in Venezuela be reserved for the Government of Venezuela. On August 18, 2008 the Expropriation Decree was issued by the President of Venezuela.
(16) As of December 4, 2009 Dalmacijacement d.d. changed of name to CEMEX Hrvatska d.d.
(17) Represents our 33.95% in ordinary shares and our 11.64% in preferred shares.

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