The Independent Committee of Readymix plc (the "Company") announces that a document (the "Scheme Document") containing the proposed scheme of arrangement for the acquisition for cash of the entire issued and to be issued share capital of the Company not already beneficially owned by the Cemex Group, and convening the Court Meeting and the EGM for the purpose of considering and, if thought fit, approving the proposed scheme of arrangement, has today been posted to the Scheme Shareholders.

The Court Meeting has been convened for 10.00 a.m. on 5 April 2012 and the EGM has been convened for 10.15 a.m. (or as soon thereafter as the Court Meeting shall have concluded) on 5 April 2012.

The Court Meeting and EGM will each be held at The Celtic Suite, Croke Park Stadium, Dublin 3 Ireland.

A copy of the Scheme Document is available on the Company's website at www.readymix.ie.

Definitions used in the Scheme Document dated 13 March 2012 have the same meaning when used in this announcement, unless the context requires otherwise.

Responsibility

The directors of Readymix plc accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of Readymix plc (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules 2007, as amended (the "Irish Takeover Rules"), if any person is, or becomes, 'interested' (directly or indirectly) in, one per cent., or more of any class of 'relevant securities' of Readymix, all 'dealings' in any 'relevant securities' of Readymix (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by not later than 3.30 pm (GMT) on the business day following the date of the relevant transaction. This requirement will continue until the 'offer period' ends. If two or more persons co-operate on the basis of any agreement, either express or tacit, either oral or written, to acquire an 'interest' in 'relevant securities' of Readymix, they will be deemed to be a single person for the purpose of Rule 8.3 of the Irish Takeover Rules.

Under the provisions of Rule 8.1 of the Irish Takeover Rules, all 'dealings' in 'relevant securities' of Readymix by Readymix or CEMEX or by any of its 'associates' must also be disclosed by no later than 12.00 noon (GMT) on the business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed can be found on the Panel's website at www.irishtakeoverpanel.ie.

'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Irish Takeover Rules, which can also be found on the Irish Takeover Panel's website. If you are in any doubt as to whether or not you are required to disclose a dealing under Rule 8, please consult the Panel's website at www.irishtakeoverpanel.ie or contact the Panel on telephone number +353 (0)1 678 9020; fax number +353 (0)1 678 9289.