Extraordinary General Meeting of Shareholders January 12, 2010

Proposed agreements formulated by the Board of Directors

Report of the Board of Directors justifying the proposed request to delist and consequent tender offer, in addition to the price of the offer, which includes the opinions prepared by Citigroup Global Markets Limited and J.P. Morgan on whether the price is reasonable from a financial point of view, and the valuation report prepared by J.P. Morgan, referring to point one of the Agenda

Report of the Board of Directors referring to the capital reduction and consequent modification of Articles 5 and 6 of the Articles of Association, and as for the drafting of these Articles, their bases on being determined by the result of the tender offer

Opinions prepared by Citigroup Global Markets Limited and J.P. Morgan on whether the price of the sale of the holding of Sociedad General de Aguas de Barcelona, S.A. in Compañía de Seguros Adeslas, S.A. to which point three of the Agenda refers is reasonable from a financial point of view

HISTORY OF MEETINGS

General Shareholders’ Meeting 2009

Proposed resolutions to be submitted to the General Shareholders Meeting, made by the Board of Directors in its meeting of 3 April 2009

Proposed resolution to be submitted to the General Meeting of Shareholders in relation to point 5 of the Agenda, made by the Board of Directors in its meeting of 5 May 2009

Biographical and professional profile of Ms Immaculada Juan Franch, whose nomination is proposed to the Meeting of Shareholders

Report of the Board of Directors in relation to point 7 of the Agenda of the Meeting

Report of the Board of Directors on the modification of Sections 35 and 39 of the Articles of Association

Other documents available:

Individual and consolidated annual accounts and management reports corresponding to the tax year 2008 with the auditor's report

Report of the Board of Directors explaining the additional content of the management report, according to Article 116 bis LMV

Corporate Governance Annual Report 2008

Report of the Board of Directors on the remuneration policy of the Board members

General Shareholders’ Meeting 2008

Proposed agreements to be submitted to the General Shareholders Meeting, made by the Board of Directors in its meeting of 28 March 2008

Proposed agreement in relation to point 4 of the Agenda of the Meeting, made by the Board of Directors in its meeting of 7 May 2008

Reports of the Board of Directors on certain proposed resolutions

Proposed modification of the temporary article of the Articles of Association

Restated text of the Articles of Association

Other documents available:

Individual annual accounts and management reports corresponding to the tax year 2007 with the auditor's report

Consolidated annual accounts and management reports corresponding to the tax year 2007 with the auditor's report

Report of the Board of Directors explaining the additional content of the management report, according to Article 116 bis LMV

Corporate Governance Annual Report 2007

Report of the Board of Directors on the remuneration policy of the Board members

General Shareholders’ Meeting 2007

Proposed resolutions adopted by the Board of Directors on 2 may 2007

Proposed resolution adopted by the Board of Directors on 25 may 2007

Report of the Board of Directors on the modification of Sections 5 and 6 of the Articles of Association

Report on the modifications of the Regulations of the Board

Proposed modification of Sections 5 and 6 of the Articles of Association, which the Board submits to the General Meeting

Other documents available:

Individual Financial Statements and Auditor’s Reports of Sociedad General de Aguas de Barcelona, S.A. 2006

Consolidated Financial Statements and Auditor’s Reports of Sociedad General de Aguas de Barcelona, S.A. 2006

Corporate Governance Annual Report 2006

Modifications of the Regulations of the Board and new text which incorporates them

General Shareholders’ Meeting 2006

Proposed resolutions

Report of the Board of Directors on the modification of Sections 12, 13, 23 and 24 of the Articles of Association

Report on the modification of the Regulations of the Board

Proposed modification of Sections 12, 13, 23 and 24 of the Articles of Association, which the Board submits to the General Meeting

Other documents available:

Individual Financial Statements and Auditor’s Reports of Sociedad General de Aguas de Barcelona, S.A. 2005

Consolidated Financial Statements and Auditor’s Reports of Sociedad General de Aguas de Barcelona, S.A. 2005

Corporate Governance Annual Report 2005

General Shareholders’ Meeting 2005

Proposed resolutions

Documentation available:

Individual Financial Statements and Auditor’s Reports of Sociedad General de Aguas de Barcelona, S.A. 2004

Consolidated Financial Statements and Auditor’s Reports of Sociedad General de Aguas de Barcelona, S.A. 2004

Corporate Governance Annual Report 2004