Alpek held General Shareholders' Meetings

• Cancellation of 500,000 shares that were not allocated in its Initial Public Offer
• Cash dividend of $0.43 Mexican pesos per share
• $500 million Mexican pesos stock repurchase fund
• Directors’ compensation
  

Monterrey, N.L. Mexico, August 30, 2012.

ALPEK, S.A.B. de C.V. (ALPEK), held today its Extraordinary and Ordinary Shareholders’ Meetings. Shareholders approved, at the Extraordinary meeting, the cancellation of 500,000 shares that were not allocated in the Company’s initial public offer, corresponding to the overallotment option. It is important to note that there is no economic effect given that these shares were not in circulation.

A cash dividend equivalent to $0.43 Mexican pesos per share was approved during the Ordinary Shareholders’ meeting. The dividend will be paid as of September 7, 2012.

Shareholders also approved a $500 million Mexican pesos stock repurchase fund that can be used during 2012. In addition, the compensation to the members of the Board of Directors was approved.