HOCHTIEF Bonds and Rating

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Our providing of information on the following web pages does not, and is not intended to nor shall it be construed to, constitute an offer to sell or a solicitation of any offer to buy any securities by or on behalf of HOCHTIEF Aktiengesellschaft or any of its affiliates in any jurisdiction. Securities discussed herein may not be eligible for sale in certain jurisdiction or to certain persons and may not be suitable for all types of investors, and thesame may apply with regard to the distribution of any information madeavailable on the following web pages that pertains to these securities.

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