January 19, 2007

CEMEX, S.A.B. de C.V. (NYSE: CX) announced today the retirement of José Luis Sáenz de Miera, 60, President of CEMEX's Southern Europe, Middle East, Africa and Asia Region, after a distinguished 12-year career with the company.

The operations under his responsibility will be integrated into the current European Region, forming a single operating region to be called Europe, Middle East, Africa and Asia Region.

Effective as of today, this newly created operating region will be headed by Fernando A. González, President of the current European Region. Jose Luis Sáenz de Miera will remain with the company until February 28 to support and ensure a smooth transition process.

Francisco Garza and Juan Romero will continue in their current positions as President of North America and President of South America & Caribbean, respectively.

CEMEX is a growing global building solutions 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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