Alcobendas, 18 May 2017

SPANISH STOCK EXCHANGE COMMISSION

According to article 228 of the consolidated text of the Securities Market Act and its related legislation, Indra Sistemas, S.A. ("Indra" or the "Company") makes public the following:

RELEVANT EVENT

Within the framework of the tender offer over the shares of Tecnocom, Telecomunicaciones y Energía, S.A. ("Tecnocom") launched by Indra (the "Offer") and in connection with the squeeze-out right whose exercise was announced by Indra on 25 April in Cinco Días newspaper, the Quotation Bulletins (Boletines Oficiales de Cotización) and through the Relevant Event number 251070, it is hereby informed that:

  1. As stated in the abovementioned announcement, the forced sales of the remaining 2,024,702 Tecnocom shares that Indra did not hold after the settlement of the Offer (excluding 2,508,974 Tecnocom treasury shares) took place on 16 May;

  2. the settlement of the cash portion of the consideration corresponding to said forced sales has taken place today, the total amount of which has amounted to 5,162,990.10 euros;

  3. Likewise, the share capital increase to attend the payment of the contribution in kind corresponding to said forced sales has been implemented today, through the issuance and placement into circulation of 348,807 Indra shares of 0.20 euros of nominal value and individual share premium of 9.6461 euros. The public deed executing and formalizing the abovementioned share capital increase has been granted.

The total nominal value of this share capital increase is 69,761.40 euros and the total share Premium is 3,364,627.20 euros. The total amount of the fractions derived from the exchange equation is 10,220.02 euros.

Once the share capital increase public deed has been registered with the Mercantile Registry, the settlement of the shares portion of the consideration of the forced sales will be implemented.

The forced sale will entail the exclusion of trading of the Tecnocom shares automatically.

All of which is announced to all appropriate effects.

Mr. Javier Lázaro Rodríguez CFO

Indra Sistemas SA published this content on 18 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 May 2017 17:43:14 UTC.

Original documenthttp://www.indracompany.com/sites/default/files/hr_ejecucion_aumento_de_capital_squeeze_out_eng.pdf

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