CEMEX continues to make progress on its refinancing plan

MONTERREY, MEXICO, August 10, 2009 - CEMEX, S.A.B. de C.V. (NYSE: CX) informed regarding its refinancing process that, as of today, creditors representing 100 percent of the debt that is proposed to be refinanced, have given indication that they will support the refinancing plan.

CEMEX is currently in the documentation phase. Conditions precedent related to the agreement are expected to be completed soon. Further details on the terms and conditions will be provided immediately upon the refinancing agreement becoming effective.

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. 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 and no assurance can be given of the outcome of these negotiations with the banks.