BEFESA

Board of Directors

Its current composition is as follows:

Board of Directors

Board of Directors
Chairman	Mr. Javier Molina Montes
Deputy-chairman	Mr. Manuel Barrenechea Guimón
Member - Coordinator	Mr. Manuel Blanco Losada
Member	Mr. Rafael Escuredo Rodríguez
	Mr. Jorge Guarner Muñoz
	Mr. Salvador Martos Hinojosa
	Ms. María José Rivero Menéndez
	Ms. Guadalupe Sundheim Losada
Member and Secretary	Mr. Antonio Marín Hita

Board of Directors: Typology of Directors (*)

Typology of Directors

Typology of Directors
Mr. Javier Molina Montes	Executive
Mr. Manuel Barrenechea Guimón	Dominical and External
Mr. Manuel Blanco Losada	Independent and Non- Executive
Mr. Rafael Escuredo Rodríguez	Independent and Non- Executive
Mr. Jorge Guarner Muñoz	Independent and Non- Executive
Mr. Salvador Martos Hinojosa	Dominical and external
Ms. María José Rivero Menéndez	Independent and Non- Executive
Ms. Guadalupe Sundheim Losada	Dominical and External
Mr. Antonio Marín Hita	Executive

_{(*) Executive director: A director who is dedicated full-time to their role in relation to the management of the company that at the same time is or represents a significant shareholder.}

_{Dominical Director: those with a significant stake or have been nominated by a shareholder.}

_{Independent Director: nominated regarding to their personal and professional conditions and perform their role without been conditioned by relations with the company, their significant shareholders or their managers, and proposed specifically by the Appointment and Remuneration Committee.}

Commission Audit

The current composition is as follows:

Commission Audit

Commission Audit
Chairman	Ms. María José Rivero Menéndez
Member	Mr. Manuel Blanco Losada
	Mr. Rafael Escuredo Rodríguez
Secretary:	Mr. Antonio Marín Hita

Appointments and Remuneration Commission

The current composition is as follows:

Appointments and Remuneration Commission

Appointments and Remuneration Commission
Chairman	Mr. Rafael Escuredo Rodríguez
Member	Mr. Jorge Guarner Muñoz
	Mr. Manuel Blanco Losada.
Secretary	Mr. Juan Albizu Etxebarria

Strategy Committee: Composition

Integrated by the Chairman, the Deputy Chairman, the Business Units Directors and Corporate Services Directors.

Strategy Committee: Composition

Strategy Committee: Composition
Mr. Javier Molina Montes	Chairman of the Board of Directors
Mr. Manuel Barrenechea Guimón	Deputy Chairman of the Board of Directors
Mr. Juan Abaurre Llorente	Manager, Latin America
Mr. Federico Barredo Ardanza	Manager, Aluminum Waste Recycling
Mr. Carlos Cosín Fernández	Manager, Water
Mr. Santiago Ortiz Domínguez	Manager, Industrial Waste Recycling
Mr. Alfredo Velasco Erquicia	Manager, Business Development
Mr. Asier Zarraonandia Ayo	Manager, Steel and Galvanizing Waste Recycling
Ms. Carmen Medina Ariza	Manager, Human Resources
Mr. Ignacio García Hernández	Chief Finance Officer
Mr. Juan Albizu Etxebarria	Manager, Consolidation and Auditing
Mr. Rafael Pérez Gómez	Manager, Strategy and Innovation
Mr. Antonio Marín Hita	General Secretary and and Legal Counsel Director.

27 may 2011

27 may 2011
27 may 2011