Document:

Amendment No. 4 to $1,200,000,000 Term Credit Agreement

 Exhibit 4.9.4 
 EXECUTION VERSION 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 
 This Fourth Amendment to the Credit Agreement (as defined below), dated as of December 19, 2008 (this “Amendment
No. 4”), is entered into by and among CEMEX, S.A.B. de C.V., a sociedad anónima bursátil de capital variable organized and existing pursuant to the laws of the United Mexican States (formerly
known as “CEMEX, S.A. de C.V.”) (the “Borrower”), CEMEX MÉXICO, S.A. de C.V., a sociedad anónima de capital variable organized and existing pursuant to the laws of the United Mexican States,
EMPRESAS TOLTECA DE MÉXICO, S.A. de C.V., a sociedad anónima de capital variable organized and existing pursuant to the laws of the United Mexican States (each a “Guarantor” and together, the
“Guarantors”), the several Lenders party thereto, BARCLAYS BANK PLC, NEW YORK BRANCH, as Administrative Agent (the “Administrative Agent”). 
 RECITALS 
 A. The Borrower, the Guarantors, the Administrative Agent, the several
Lenders party thereto, Barclays Capital, The Investment Banking Division of Barclays Bank PLC, as Joint Lead Arranger and Joint Bookrunner, and Citigroup Global Markets Inc., as Documentation Agent, Joint Lead Arranger and Joint Bookrunner, are
parties to that certain senior secured credit facility, dated as of May 31, 2005 in the amount of U.S.$1,200,000,000, as amended by Amendment No. 1, dated as of June 19, 2006, the Amendment and Waiver No. 2, dated as of
November 30, 2006, and the Amendment and Waiver No. 3, dated as of May 9, 2007 (as now or hereafter amended, restated, waived or otherwise modified, the “Credit Agreement”). 
 B. The Borrower has requested that the Administrative Agent and the Lenders consent to the following amendment to the Credit Agreement. 
 C. This Amendment No. 4 shall constitute a Transaction Document and these Recitals shall be construed as part of this Amendment No. 4.

 NOW THEREFORE, in consideration of the premises and the mutual covenants hereinafter contained, and of the Loans and other extensions of
credit heretofore, now or hereafter made to, or for the benefit of, the Borrower by the Lenders, the Borrower, the Guarantors, the Administrative Agent, and the Lenders hereby agree as follows: 
 1. Definitions. Except to the extent otherwise specified herein, capitalized terms used in this Amendment No. 4 shall have the same meanings
ascribed to them in the Credit Agreement. 
 2. Amendments. Subject to Section 5, the Credit Agreement is hereby amended as
follows: 
 2.1 The definition for “Acquisition” in Section 1.01 (“Certain Definitions”) shall be deleted and
replaced in its entirety with the following language: 
 ““Acquisition” means any merger, consolidation, acquisition or lease of
assets, acquisition of securities or business combination or acquisition, or any two or more of such transactions, if upon the completion of such transaction or transactions, the Borrower or any Subsidiary thereof has acquired an interest in assets
comprising all or substantially all of an operating unit, division or line of business or in any Person who is deemed to be a Subsidiary under this Agreement and was not a Subsidiary prior thereto.” 

 2.2 The definition for “Consolidated Net Debt” in Section 1.01 (“Certain
Definitions”) shall be deleted and replaced in its entirety with the following language: 
 ““Consolidated Net Debt” means, at
any date, the sum (without duplication) of (a) the aggregate amount of all Debt of the Borrower and its Subsidiaries at such date, plus (b) to the extent not included in Debt, the aggregate amount of all derivative financing in the
form of equity swaps outstanding at such date (except to the extent such exposure is cash collateralized) minus (c) all Temporary Investments (for the avoidance of doubt, net of any amounts pledged as cash collateral) of the Borrower and
its Subsidiaries at such date.” 
 2.3 The definition for “Consolidated Net Debt / EBITDA Ratio” in Section 1.01
(“Certain Definitions”) shall be deleted and replaced in its entirety with the following language: 
 “Consolidated Net Debt /
EBITDA Ratio” means, on any date of determination, the ratio of (a) Consolidated Net Debt on such date to (b) EBITDA for the one year period ending on such date (subject to adjustment as set forth in the definition of
“EBITDA”). 
 2.4 The definition for “Debt” in Section 1.01 (“Certain Definitions”) shall be
deleted and replaced in its entirety with the following language: 
 ““Debt” of any Person means, without duplication, (i) all
obligations of such Person for borrowed money, (ii) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (iii) all obligations of such Person to pay the deferred purchase price of property or
services, except trade accounts payable arising in the ordinary course of business, (iv) all obligations of such Person as lessee under Capital Leases, (v) all Debt of others secured by a Lien on any asset of such Person, up to the value
of such asset, as recorded in such Person’s most recent balance sheet, (vi) all obligations of such Person with respect to product invoices incurred in connection with export financing, (vii) all obligations of such Person under
repurchase agreements for the stock issued by such Person or another Person and (viii) all Guarantees of such Person in respect of any of the foregoing. For the avoidance of doubt, Debt does not include Derivatives or Qualified Receivables
Transactions. With respect to the Borrower and its Subsidiaries, the aggregate amount of Debt outstanding shall be adjusted by the Value of Debt Currency Derivatives solely for the purposes of calculating the Consolidated Net Debt / EBITDA Ratio. If
the Value of Debt Currency Derivatives is a positive mark-to-market valuation for the Borrower and its Subsidiaries, then Debt shall decrease accordingly, and if the Value of Debt Currency Derivatives is a negative mark-to-market valuation for the
Borrower and its Subsidiaries, then Debt shall increase by the absolute value thereof.” 
 2.5 The definition for “EBITDA” in
Section 1.01 (“Certain Definitions”) shall be deleted and replaced in its entirety with the following language: 
 ““EBITDA” means, for any period, the sum for the Borrower and its Subsidiaries, determined on a consolidated basis of (a) operating income (utilidad de operación), (b) cash interest income and
(c) depreciation and amortization expense, in each case determined in accordance with Mexican GAAP, subject to the adjustments herein, consistently applied for such period and adjusted for Discontinued EBITDA as follows: if the amount of
Discontinued EBITDA is a positive amount, then EBITDA shall increase by such amount, and if the amount of Discontinued EBITDA is a negative amount, then EBITDA shall decrease by the absolute value of such amount. For the purposes of calculating
EBITDA for any applicable period pursuant to any determination of the Consolidated Net Debt / EBITDA Ratio 

  

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(but not the Consolidated Fixed Charge Coverage Ratio): (A) (i) if at any time during such applicable period the Borrower or any of its
Subsidiaries shall have made any Material Disposition, the EBITDA for such applicable period shall be reduced by an amount equal to the EBITDA (if positive) attributable to the property that is the subject of such Material Disposition for such
applicable period (but when the Material Disposition is by way of lease, income received by the Borrower or any of its Subsidiaries under such lease shall be included in EBITDA) and (ii) if at any time during such applicable period the Borrower
or any of its Subsidiaries shall have made any Material Acquisition, EBITDA for such applicable period shall be calculated after giving pro forma effect thereto (including the incurrence or assumption of any Debt) as if such Material
Acquisition had occurred on the first day of such applicable period. Additionally, if since the beginning of such applicable period any Person that subsequently shall have become a Subsidiary or was merged or consolidated with the Borrower or any of
its Subsidiaries as a result of a Material Acquisition occurring during such applicable period shall have made any Disposition or Acquisition of property that would have required an adjustment pursuant to clause (i) or (ii) above if made
by the Borrower or any of its Subsidiaries during such applicable period, EBITDA for such period shall be calculated after giving pro forma effect thereto as if such Disposition or Acquisition had occurred on the first day of such applicable
period; and (B) all U.S.$/Euro EBITDA for each applicable period ending on or after December 31, 2008 will be recalculated and converted into Mexican pesos by applying the Ending Exchange Rate to each month’s U.S.$/Euro EBITDA amount
(such recalculated EBITDA being the “Recalculated EBITDA”), provided, that, the Required Lenders shall have the option, with respect to any Reference Period ending after December 31, 2009, to discontinue the
incorporation of Recalculated EBITDA into the Consolidated Net Debt / EBITDA Ratio (the “Discontinue Option”). The Required Lenders may exercise the Discontinue Option upon notice to the Administrative Agent, who shall, acting upon
the instructions of the Required Lenders, notify the Borrower of such exercise in writing (the “Notice of Discontinuance”) at least thirty (30) days prior to the end of such Reference Period. Subject to the foregoing notice
requirements, such Discontinue Option shall be effective for each Reference Period ending after the date of such Notice of Discontinuance to the Borrower as set forth herein.” 
 2.6 The definition for “Mexican GAAP” in Section 1.01 (“Certain Definitions”) shall be deleted and replaced in its
entirety with the following language: 
 ““Mexican GAAP” means Mexican Financial Reporting Standards (Normas de Información
Financiera) as in effect from time to time and consistent with those used in the preparation of the most recent audited financial statements referred to in Section 7.01; provided, however, that for purposes of
Section 8.01, Mexican GAAP means Mexican Financial Reporting Standards as in effect on December 31, 2008. In the event that any change in Mexican GAAP shall occur, or the Borrower shall decide to or be required to change to IFRS, and such
change results in a change in the method of calculation of financial covenants, standards or terms in this Agreement, then the Borrower and the Administrative Agent agree to enter into negotiations in order to amend such provisions of this Agreement
so as to equitably reflect such change in Mexican GAAP with the desired result that the criteria for evaluating the Borrower’s financial condition shall be the same after such change as if such change had not been made. Until such time as such
an amendment shall have been executed and delivered by the Borrower, the Administrative Agent and the Required Lenders, all financial covenants, standards and terms in this Agreement shall continue to be calculated or construed as if such change in
Mexican GAAP had not occurred.” 
 2.7 The definition for “Qualified Receivables Transaction” in Section 1.01
(“Certain Definitions”) shall be deleted and replaced in its entirety with the following language: 
 ““Qualified Receivables
Transaction” means a sale, transfer, or securitization of receivables and related assets by the Borrower or its Subsidiaries, including a sale at a discount, provided that (i) such receivables have been sold, transferred or otherwise
conveyed, directly or indirectly, by the originator thereof in a 

  

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manner that satisfies the requirements for a sale, transfer or other conveyance under the laws and regulations of the jurisdiction in which such originator
is organized; (ii) at the time of the sale, transfer or securitization of receivables is put in place, the receivables are derecognized from the balance sheet of the Borrower or its Subsidiary in accordance with the generally accepted
accounting principles applicable to such Person in effect as at the date of such sale, transfer or securitization; and (iii) except for customary representations, warranties, covenants and indemnities, such sale, transfer or securitization is
carried out on a non-recourse basis or on a basis where recovery is limited to the collection of receivables.” 
 2.8 The definition for
“Subsidiary” in Section 1.01 (“Certain Definitions”) shall be amended by the deletion of the last sentence thereof. 
 2.9 The definition for “Value of Debt Currency Derivatives” in Section 1.01 (“Certain Definitions”) shall be amended to include the following sentence at the end thereof: 
 “For the avoidance of doubt, Value of Debt Currency Derivatives is net of any amounts pledged as cash collateral.” 
 2.10 The following definitions shall be added to Section 1.01 (“Certain Definitions”) in alphabetical order: 
 ““Acquired Debt” means, with respect to any specified Person, Debt of any other Person existing at the time such Person becomes a Subsidiary of
such specified Person or assumed in connection with the acquisition of assets from such Person.” 
 ““Amendment No. 4” means
the Fourth Amendment to the Credit Agreement, dated as of [—], by and among Cemex S.A.B. de C.V., as Borrower, Cemex México, S.A. de C.V. and Empresas Tolteca de México, S.A. de C.V., as Guarantors,
Barclays Bank plc, New York Branch, as Administrative Agent, and the several Lenders party thereto.” 
 ““Amendment No. 4 Effective
Date” has the meaning specified in Section 5 of Amendment No. 4.” 
 ““Capital Expenditure” means, for any
period, (a) the additions to property, plant and equipment and other capital expenditures of the Borrower and its Subsidiaries that are (or should be) set forth in a consolidated statement of cash flows of the Borrower for such period prepared
in accordance with Mexican GAAP and (b) any Capital Leases incurred by the Borrower and its Subsidiaries during such period.” 
 ““Discontinue Option” has the meaning set forth in the definition of “EBITDA” in Section 1.01 of this Agreement.” 
 ““Discontinued EBITDA” means, for any period, the sum for Discontinued Operations of (a) operating income (utilidad de operación), (b) cash interest income and
(c) depreciation and amortization expense, in each case determined in accordance with Mexican GAAP consistently applied for such period.” 
 ““Discontinued Operations” means operations that are accounted for as discontinued operations pursuant to Mexican GAAP for which the Disposition of such assets has not yet occurred.” 
 ““Dutch Loan Agreement” means each of the Senior Unsecured Dutch Loan “A” Agreement and the Senior Unsecured Dutch Loan “B”
Agreement, dated as of June 2, 2008 by and among New Sunward Holding B.V., as borrower, CEMEX, S.A.B de C.V. and CEMEX México, S.A. de C.V., as guarantors, HSBC Securities (USA) Inc., as sole structuring agent, HSBC Securities (USA)
Inc., Banco Santander, 

  

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S.A. and The Royal Bank of Scotland PLC, as joint lead arrangers and joint bookrunners, ING Capital LLC, as administrative agent and ING Bank N.V. acting
through its Curaçao Branch and Caja de Madrid – Miami Agency as mandated lead arrangers.” 
 ““Ending Exchange Rate”
means the exchange rate at the end of a Reference Period for U.S.$ or Euros, as the case may be, corresponding to any U.S.$/Euro EBITDA, in each case as used by the Borrower and its auditors in preparation of the Borrower’s financial statements
in accordance with Mexican GAAP.” 
 ““Euro” means the single currency of Participating Member States.” 
 ““Guarantee” means, as applied to any Debt of another Person, (i) a guarantee, direct or indirect, in any manner, of any part or all of such
Debt and (ii) any direct or indirect obligation, contingent or otherwise, of a Person guaranteeing or having the effect of guaranteeing the Debt of any other Person in any manner. (and “Guaranteed” and “Guaranteeing” shall
have meanings that correspond to the foregoing).” 
 ““IFRS” means international accounting standards within the meaning of IAS
Regulation 1606/2002 to the extent applicable to the relevant financial statements.” 
 ““Incur” means, with respect to any Debt
of any Person, to create, issue, incur (by conversion, exchange or otherwise), assume, Guarantee or otherwise become liable in respect of such Debt or the recording, as required pursuant to Mexican GAAP or otherwise, of any such Debt on the balance
sheet of such Person. Debt otherwise Incurred by a Person before it becomes a Subsidiary of the Borrower shall be deemed to be Incurred at the time at which such Person becomes a Subsidiary of the Borrower. “Incurrence,”
“Incurred,” “Incurrable” and “Incurring” shall have meanings that correspond to the foregoing.” 
 ““Investment” by the Borrower or its Subsidiaries means, any direct or indirect capital contribution (by means of any transfer of cash) to another Person which is not the Borrower or its Subsidiaries, not constituting
an Acquisition.” 
 ““Notice of Discontinuance” has the meaning set forth in the definition of “EBITDA” in
Section 1.01 of this Agreement.” 
 ““Ordinary Course Loans” means a loan or advance: (i) made by the Borrower or any of
its Subsidiaries to a supplier, vendor, customer or other similar counterparty; (ii) which is due and payable not more than eighteen (18) months after being made (and where the Debt being Incurred to fund such loan or advance has a
weighted average life to maturity that is greater than such loan or advance); (iii) made on terms and under circumstances consistent with past practices of the Borrower or such Subsidiary; and (iv) the aggregate principal amount of which,
when added to all other such loans and advances, does not exceed at any time U.S.$75,000,000 (or the equivalent in other currencies).” 
 ““Participating Member State” means any member state of the European Union that adopts or has adopted the euro as its lawful currency in accordance with legislation of the European Union relating to Economic and
Monetary Union.” 
 ““Permitted Debt” means, any Debt: 
  

	 	(a)	 the net proceeds of which are applied to repay, prepay or discharge the Loans or other Debt existing as at the date of such Incurrence and associated costs and
expenses, so long as either: (i) the weighted average life to maturity of such new Debt is not less than the remaining weighted average life to maturity of the Debt being repaid, prepaid or otherwise discharged and the proceeds of such new Debt
are applied towards such 

  

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repayment, prepayment or other discharge within fifteen (15) days of such Incurrence; or (ii) such new Debt is incurred under a liquidity facility
or facilities in an aggregate principal amount not exceeding U.S.$600,000,000 outstanding at any time, provided, that, the proceeds of such new Debt are used to repay, prepay or otherwise discharge Debt outstanding on the Amendment
No. 4 Effective Date (including any such Debt that has been refinanced) within fifteen (15) days of the Incurrence of such new Debt; 

  

	 	(b)	the net proceeds of which are applied to pay obligations of the Borrower and/or its Subsidiaries arising under written agreements existing on the Amendment No. 4 Effective
Date, excluding obligations in respect of Capital Expenditures, Restricted Payments and Investments; 

  

	 	(c)	the net proceeds of which are applied for Capital Expenditures (i)(A) made from January 1, 2009 until December 31, 2009, in an aggregate amount per annum not to exceed
U.S.$60,000,000 (or the equivalent in other currencies) if such Permitted Debt is Incurred in an export credit financing and (B) U.S.$40,000,000 (or the equivalent in other currencies) in all other cases; and (ii)(A) made from January 1,
2010 until December 31, 2010, and from January 1, 2011 until the Termination Date, in each case in an aggregate amount per annum not to exceed U.S.$40,000,000 (or the equivalent in other currencies) if such Permitted Debt is Incurred in an
export credit financing and (B) U.S.$60,000,000 (or the equivalent in other currencies) in all other cases; provided, that, any Debt Incurred pursuant to this clause has a weighted average life to maturity that is greater than the
remaining weighted average life to maturity of the Debt under this Agreement; 

  

	 	(d)	the net proceeds of which are applied to satisfy obligations of the Borrower or any of its Subsidiaries arising in the ordinary course of business of such Person, excluding
obligations in respect of (i) Capital Expenditures, (ii) Restricted Payments, (iii) Acquisitions, (iv) Investments, and (v) loans and advances made or to be made by such Person, other than Ordinary Course Loans;

  

	 	(e)	owed to the Borrower or any of its consolidated Subsidiaries; 

  

	 	(f)	which has become Debt solely due to a change in Mexican GAAP; 

  

	 	(g)	to the extent resulting from the conversion of a Loan into a Maturity Loan (as defined in each Dutch Loan Agreement) pursuant to a Dutch Loan Agreement; 

  

	 	(h)	to the extent resulting from the closing of, or funding under, a facilities agreement with CEMEX Espana, S.A. as Borrower, CEMEX Australia Holdings Pty Limited and CEMEX, Inc. as
Original Guarantors, Banco Santander, S.A. and The Royal Bank of Scotland Plc as Documentation Agents, and The Royal Bank of Scotland Plc as Facility Agent, in an aggregate amount of up to U.S.$2,000,000,000 (or the equivalent thereof in other
currencies) so long as the net proceeds of which are applied to repay, prepay or discharge existing bilateral debt; or 

  

	 	(i)	any Guarantee Incurred by the Borrower or any of its Subsidiaries for any of the Debt referred to in paragraphs (a) to (h) above.” 

 ““Recalculated EBITDA” has the meaning set forth in the definition of “EBITDA” in Section 1.01 of this Agreement.” 

 

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 ““Reference Period” means any period of four consecutive fiscal quarters.” 
 ““Restricted Payment” means any cash dividend or other cash distribution with respect to any Capital Stock of the Borrower, or any cash payment,
including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Capital Stock, or on account of any return of capital to the Borrower’s stockholders.”

 ““SEC” means the U.S. Securities and Exchange Commission.” 
 ““Solvent” means, with respect to any Person, that such Person (a) owns and will own assets the fair saleable value of which are (i) greater than the total amount of its debts and
liabilities, subordinated, contingent or otherwise; and (ii) greater than the amount that will be required to pay the probable liabilities of its then existing debts, as such debts become absolute and matured and considering all financing
alternatives and potential asset sales reasonably available to it; (b) has capital that is not unreasonably small in relation to its business as presently conducted and as proposed to be conducted following the Amendment No. 4 Effective
Date; (c) does not intend to incur and does not believe that it will incur debts beyond its ability to pay such debts as they become due; and (d) is not, or is not deemed to be, in general default of its obligations pursuant to the Mexican
Ley de Concursos Mercantiles. In computing the amount of contingent or unliquidated liabilities at any time, such liabilities shall be computed at the amount that, in light of all the facts and circumstances existing at such time, represents
the amount that can reasonably be expected to become an actual or matured liability. For the purposes of this definition “fair saleable value” means the aggregate amount of net consideration (giving effect to reasonable and
customary costs of sale and taxes) that could be expected to be realized if the aggregate assets of the applicable entity are sold with reasonable promptness in an arm’s length transaction under present conditions for the sale of assets of
comparable business enterprises.” 
 ““U.S.$/Euro EBITDA” means any EBITDA of a Subsidiary of the Borrower for a particular
Reference Period which is generated in U.S.$ or Euros.” 
 2.11 Section 1.03 (“Accounting Terms and
Determinations”) shall be amended by the addition of “(a)” after the heading “Accounting Terms and Determinations.” and the addition of a new Paragraph (b) to read as follows: 
  

	 	“(b)	Calculations with respect to the Consolidated Net Debt/EBITDA Ratio and the Adjusted Consolidated Net Tangible Assets and the defined terms used in such calculations, when made in
relation to dates other than the last day of a fiscal period, shall be made by the Borrower acting in good faith by reference to (i) the most recently available financial statements of the Borrower and its Subsidiaries (including, to the extent
available, unaudited monthly financial information) as of such date and (ii) events, conditions and circumstances occurring or existing subsequent to such financial statements.” 

 2.12 A new Section 5.22 (“Solvency”) shall be added to the Credit Agreement to read as follows: 
 “5.22 Solvency. The Borrower and each Guarantor is, and after giving effect to the Loans and each of the transactions contemplated by this Agreement and the
Transaction Documents will be, Solvent.” 
 2.13 Paragraph (a) of Section 8.01 (“Financial Conditions”) shall
be deleted and replaced in its entirety with the following language: 
  

	 	“(a)	The Borrower shall not permit the Consolidated Net Debt / EBITDA Ratio at any time to exceed: 

  

	 	(i)	4.50 to 1.0 during the Reference Period ending on each of December 31, 2008 and March 31, 2009; 

  

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	 	(ii)	4.75 to 1.0 during the Reference Period ending on June 30, 2009; 

  

	 	(iii)	4.50 to 1.0 during the Reference Period ending on each of September 30, 2009 and December 31, 2009; 

  

	 	(iv)	4.25 to 1.0 during the Reference Period ending on each of March 31, 2010 and June 30, 2010; 

  

	 	(v)	4.00 to 1.0 during the Reference Period ending on September 30, 2010; 

  

	 	(vi)	3.75 to 1.0 during the Reference Period ending on each of December 31, 2010 and March 31, 2011; and 

  

	 	(vii)	3.75 to 1.0 during the Reference Period ending on the Termination Date.” 

  

	 	2.14	Paragraph (j) of Section 8.02 (“Liens”) shall be deleted and replaced in its entirety with the following language: 

  

	 	“(j)	any Liens in respect of any Qualified Receivables Transactions;” 

 2.15 Paragraph (c) of Section 8.03 (“Consolidations and Mergers”) shall be deleted and replaced in its entirety with the following language: 
  

	 	“(c)	immediately after giving effect to such transaction, including for purposes of this clause (c) the substitution of any Successor to the Borrower for the Borrower or the
substitution of any Successor to a Guarantor for such Guarantor and treating any Debt or Lien incurred by the Borrower or any Successor to the Borrower, or by a Guarantor of the Borrower or any Successor to such Guarantor, as a result of such
transactions as having been incurred at the time of such transaction (and Incurred for the purposes of Section 8.07), no Default or Event of Default shall have occurred and be continuing; and” 

 2.16 Section 8.04 (“Sales of Assets, Etc.”) shall be deleted and replaced in its entirety with the following language: 

“8.04 Sales of Assets, Etc. The Borrower will not, and will not permit any of its Material Subsidiaries to, sell, lease or otherwise dispose of any of its
assets (including the Capital Stock of any Subsidiary), other than (a) inventory, trade receivables and assets surplus to the needs of the business of the Borrower or any Subsidiary sold in the ordinary course of business, (b) assets not
used, usable or held for use in connection with cement operations and related operations, and (c) any “margin stock” within the meaning of Regulation U acquired by the Borrower with the proceeds of the Loans through a Tender Offer,
unless the proceeds of the sale of such assets are retained by the Borrower or such Subsidiary, as the case may be, and, as promptly as practicable after such sale (but in any event within one hundred and eighty (180) days of such sale), the
proceeds are applied to (i) expenditures for property, plant and equipment usable in the cement industry or related industries; (ii) the repayment of senior Debt of the Borrower or any of its Subsidiaries, whether secured or unsecured; or
(iii) investments in companies engaged in the cement 

  

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industry or related industries; provided, however, that the net proceeds from Qualified Receivables Transactions to the extent exceeding, in
the aggregate, the aggregate U.S.$ amount set forth in Schedule 8.04 attached hereto shall be applied to the repayment of senior Debt of the Borrower or any of its Subsidiaries, whether secured or unsecured; and provided, that,
nothing in this Section 8.04 shall prevent any sale, lease or other disposal of assets from any Subsidiary to another Subsidiary.” 
 2.17 A new Section 8.07 (“Limitation on Indebtedness”) shall be added to the Credit Agreement to read as follows: 
 “8.07 Limitation on Indebtedness. The Borrower shall not, and shall not permit any of its Subsidiaries to, Incur any Debt (including Acquired Debt), provided, that, the Borrower or any Subsidiary may Incur Debt if
on the date of such Incurrence and after giving effect thereto on a pro forma basis (as if such Debt had been Incurred on the first day of the relevant Reference Period): (a) the Consolidated Net Debt / EBITDA Ratio is less than 3.5 to
1.0 and (b) no Event of Default has occurred and is continuing or would result from the Incurrence of such Debt. Notwithstanding the foregoing, the Borrower and its Subsidiaries may Incur Permitted Debt. 
  

	 	(a)	Upon each Incurrence of Debt, the Borrower or Subsidiary, as the case may be, may designate (and later re-designate) in its sole discretion pursuant to which category of Permitted
Debt any Debt is being Incurred and may subdivide an amount of Debt and designate (and later redesignate) more than one such category pursuant to which such amount of Debt is being Incurred and such Permitted Debt shall not be deemed to have been
Incurred or outstanding under any other category of Permitted Debt. For the avoidance of doubt, the inability of the Borrower or its Subsidiary to Incur Debt under one category shall not limit the ability of the Borrower or its Subsidiary to Incur
Debt under another category. 

  

	 	(b)	Accrual of interest shall not be deemed to be an Incurrence of Debt for purposes of this Section 8.07. Notwithstanding any other provision of this covenant, the maximum amount
of Debt that the Borrower and its Subsidiaries may Incur pursuant to this covenant shall not be deemed to be exceeded, with respect to any outstanding Debt, solely as a result of fluctuations in the exchange rate of currencies. The principal amount
of any Debt Incurred to refinance other Debt, if Incurred in a different currency from the Debt being refinanced, shall be calculated based on the currency exchange rate applicable to the currencies in which such respective Debt is denominated that
is in effect on the date of such refinancing. 

  

	 	(c)	For purposes of determining compliance with any U.S. Dollar-denominated restriction on the Incurrence of Debt, the U.S. Dollar equivalent principal amount of Debt
denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date such Debt was Incurred.” 

 2.18 Paragraph (e) (“Defaults under Other Agreements”) of Section 10.01 (“Events of Default”) shall be deleted and replaced in its entirety with the following language:

  

	 	“(e)	Defaults under Other Agreements. The occurrence of a default or event of default under any indenture, agreement or instrument relating to any Material Debt of the Borrower or
any of its Subsidiaries, and such default or event of default results in the acceleration of the maturity of any principal amount of such Material Debt prior to the date on which it would otherwise become due and payable; or any principal amount of
Material Debt of the Borrower or any of its Subsidiaries shall not be paid upon the scheduled maturity thereof (after giving effect to any applicable grace period); or” 

  

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 2.19 A new Section 10.05 (“Remedies Independent”) shall be added to the Credit
Agreement to read as follows: 
 “10.05 Remedies Independent. Any debt owing to a Lender under the Transaction Documents shall be a separate and
independent debt. Except as otherwise stated in the Transaction Documents, (i) any right of a Lender under the Transaction Documents shall be a separate and independent right and (ii) a Lender may separately enforce its rights under the
Transaction Documents.” 
 2.20 Paragraph (b) of Section 13.02 (“Amendments and Waivers”) shall be amended by
the insertion of the word “or” after the semicolon at the end of subsection (iv) thereof and the addition of a new subsection (v) at the end thereof, to read as follows: 
  

	 	“(v)	amend, modify or waive any provision of Article IX or release any Guarantor from its obligations hereunder;” 

 2.21 Paragraph (a) of Section 13.11 (“Submission to Jurisdiction”) shall be amended to include the following sentence at the
end thereof: 
 “Each of the parties hereto also submits to the jurisdiction of the competent courts of its corporate domicile in respect of actions
initiated against it as a defendant.” 
 2.22 Paragraph (b) of Section 13.11 (“Submission to Jurisdiction”)
shall be deleted and replaced in its entirety with the following language: 
  

	 	“(b)	Each of the parties hereto hereby irrevocably waives, to the fullest extent it may effectively do so, the jurisdiction of any court other than those identified in paragraph
(a) above and any objection that it may now or hereafter have to the laying of venue of any such suit, action or proceeding in any such federal or New York State court and irrevocably waives, to the fullest extent permitted by law, the defense
of an inconvenient forum to the maintenance of any such suit, action or proceeding.” 

 2.23 Paragraph (a) of
Section 13.12 (“Appointment of Agent for Service of Process”) shall be amended by the insertion of the following sentence after the first sentence thereof: 
 “The Borrower and each Guarantor hereby appoints as its conventional domicile exclusively to receive any of the notices and service of process, the domicile of the Process Agent mentioned above or any other
domicile notified in writing by the Process Agent to the Borrower, the Administrative Agent or any Lender.” 
 3. Representations and
Warranties. The Borrower and each of the Credit Parties hereby represent and warrant to the Administrative Agent and the Lenders that: 
 3.1 The representations and warranties of the Borrower contained in the Credit Agreement are true and correct as of the date of this Amendment No. 4; provided, however, that (i) in Section 5.06
(“Litigation”), the reference to Schedule 5.06 is replaced by Schedule 5.06 attached hereto and (ii) with respect to Section 5.11 (“Ownership of Property”), the representations and warranties are
true and correct, other than as is set forth in the Risk Factors in the Borrower’s Form 20-F for the year ended December 31, 2007 filed with the SEC and updated in the Borrower’s Form 6-K filed on August 19, 2008 with the SEC, in
each case with respect to CEMEX Venezuela S.A.C.A. 
  

 10 

 3.2 The representations and warranties of the Guarantors contained in the Credit Agreement are true and
correct as of the date of this Amendment No. 4; provided, however, in Section 6.05 (“Litigation”), the reference to Schedule 6.05 is replaced by Schedule 5.06 attached hereto. 
 3.3 The execution, delivery and performance by the Borrower and each of the other Credit Parties of this Amendment No. 4 has been duly authorized by
all necessary corporate action, and this Amendment No. 4 constitutes the legal, valid and binding obligation of the Borrower and each of the Credit Parties enforceable against the Borrower and each of the Credit Parties in accordance with its
terms, except as enforceability may be limited by applicable concurso mercantil, bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally or general equity principles. 
 3.4 The execution, delivery and performance of this Amendment No. 4 does not, and will not, contravene or conflict with any provision of
(i) any Requirement of Law, (ii) any judgment, decree or order, or (iii) the certificate or articles of incorporation or by-laws or other constituent documents of the Borrower and the Credit Parties, and does not, and will not,
contravene or conflict with, or cause any Lien to arise under, any provision of any Contractual Obligation applicable to the Borrower and the Credit Parties. 
 3.5 No Default or Event of Default exists under the Credit Agreement or any other Transaction Document or will exist after or be triggered by the execution, delivery and performance of this Amendment No. 4. In
addition, the Borrower and the Credit Parties hereby represent, warrant and reaffirm that the Credit Agreement, the Notes and each of the other Transaction Documents remain in full force and effect. 
 4. Facility Fee. The Borrower hereby agrees to pay to the Administrative Agent for the benefit of each Lender that is a signatory to this
Amendment No. 4 (each a “Consenting Lender”) a facility fee, which shall accrue and be payable in arrears for each Facility Fee Period, in an amount equal to the percentage per annum determined in accordance with the
table below (the “Facility Fee”), and applied to a Consenting Lender’s Average Drawn Commitments for such Facility Fee Period and will accrue on, and be calculated based on, the number of days elapsed in such Facility Fee
Period. The Facility Fee for each Facility Fee Period will be as set forth below determined in accordance with the Consolidated Net Debt / EBITDA Ratio calculated based on the financial statements delivered, or required to be delivered, on the
applicable Calculation Date: 
  

				
	 Consolidated Net Debt / EBITDA Ratio
	  	Facility Fee	 
		
	 Greater than 4.50 to 1
	  	2.00	% 
		
	 Less than or equal to 4.50 to 1, but greater than 4.00 to 1
	  	1.25	% 
		
	 Less than or equal to 4.00 to 1, but greater than 3.75 to 1
	  	0.75	% 
		
	 Less than or equal to 3.75 to 1, but greater than 3.50 to 1
	  	0.5	% 
		
	 Less than or equal to 3.50 to 1
	  	0	% 

  

 11 

 The Facility Fee shall be payable within five Business Days after the Calculation Date applicable to each
relevant Facility Fee Period; provided that, in respect of any Facility Fee Period ending on an Early Repayment Event, the Facility Fee shall be payable on the date of such Early Repayment Event. Notwithstanding the above, no Facility
Fee shall be payable in respect of any Facility Fee Period in which an acceleration of any Loan occurs or in respect of any fiscal quarter thereafter. 
 For purposes of this Section 4, the following definitions shall apply: 
 “Average Drawn Commitments”
means, for any Facility Fee Period, the Consenting Lender’s ratable share of the Average Outstanding Loans under the Credit Agreement as of the end of each day during such Facility Fee Period, divided by the number of days in such Facility Fee
Period. 
 “Calculation Date” means with respect to each Facility Fee Period, the earlier of the date on which the Borrower delivers, or is
required to deliver, its financial statements with respect to the fiscal quarter ending on the last day of such Facility Fee Period in accordance with Sections 7.01(a) and 7.01(b) of the Credit Agreement; provided,
however, that if an Early Repayment Event occurs the Calculation Date for the Facility Fee Period ending on such Early Repayment Event shall be the date on which the financial statements for the most recently completed fiscal quarter for
which financial statements are required to have been delivered pursuant Sections 7.01(a) and 7.01(b) of the Credit Agreement have been delivered or were required to be delivered. 
 “Facility Fee Period” means each fiscal quarter; provided, however, 
  

	 	(1)	the first Facility Fee Period shall commence on, and include, the Amendment No. 4 Effective Date and end on, and include, December 31, 2008; 

  

	 	(2)	that in respect of any Facility Fee Period in which the Loans are repaid or prepaid in full (“Early Repayment Event”), such Facility Fee Period shall be deemed to
end on the date of such Early Repayment Event; and 

  

	 	(3)	if the Borrower requests any Borrowings after an Early Repayment Event, the Facility Fee Period will commence on the date of such Borrowing and end on the last day of the fiscal
quarter in which such Borrowing occurred. 

 5. Conditions Precedent to Effectiveness. The effectiveness of the
amendments set forth in Section 2 hereof are in each instance subject to the satisfaction of each of the following conditions precedent (the date on which all such conditions precedent are satisfied or waived being the “Amendment
No. 4 Effective Date”): 
 5.1 Amendment No. 4. This Amendment No. 4 shall have been duly authorized, executed
and delivered by each of the Borrower, the Guarantors and the Required Lenders, and acknowledged by the Administrative Agent (which shall be a purely ministerial action). 
 5.2 No Default. No Default or Event of Default shall have occurred and be continuing, or would result from the execution or effectiveness of this Amendment No. 4. 
 5.3 Opinions. The Administrative Agent and the Lenders shall have received opinions from (i) the Borrower’s General Counsel and
(ii) Skadden, Arps, Slate, Meagher & Flom LLP, with respect to the enforceability of this Amendment No. 4 and no conflict with New York law and material agreements governed by New York law, and in form and substance acceptable to
the Administrative Agent. 
  

 12 

 5.4 No Material Adverse Effect. No Material Adverse Effect has occurred since December 31,
2007 (excluding the financial condition and events previously disclosed in (i) the Borrower’s filings made with the SEC or the Bolsa Mexicana de Valores, S.A.B de C.V. after December 31, 2007; or (ii) in the
Borrower’s unaudited financial statements for each of the first three fiscal periods of 2008). 
 5.5 Solvency. The Borrower and
each Guarantor is, and after giving effect to each of the transactions contemplated by this Amendment No. 4 and the Transaction Documents will be, Solvent. 
 5.6 Miscellaneous. The Administrative Agent and the Lenders shall have received such other agreements, instruments and documents as the Administrative Agent or the Lenders may reasonably request. 
 5.7 Other Facilities. Section 2.13 of this Amendment shall not be effective until the debt obligations set forth on Exhibit A attached
hereto have been amended in form and substance reasonably satisfactory to the Lenders and the Borrower shall have notified the Administrative Agent of such modification in writing. 
 6. Reference to and Effect Upon the Credit Agreement and other Transaction Documents. 
 6.1 Full Force and Effect. Except as specifically provided herein, the Credit Agreement, the Notes and each other Transaction Document shall remain
in full force and effect and each Note, Transaction Document, and the Credit Agreement is hereby ratified and confirmed by the Borrower. 
 6.2 No Waiver. The execution, delivery and effect of this Amendment No. 4 shall be limited precisely as written and shall not be deemed to (i) be a consent to any waiver of any term or condition, or to any amendment or
modification of any term or condition (except as specifically provided herein) of the Credit Agreement, the Notes or any other Transaction Document, (ii) prejudice any right, power or remedy which the Administrative Agent or any Lender now has
or may have in the future under or in connection with the Credit Agreement or any other Transaction Document or (iii) constitute a novation of any of the obligations under the Credit Agreement, the Notes, and the other Transaction Documents.

 6.3 Certain Terms. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”,
“herein” or any other word or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference in any other Transaction Document to the Credit Agreement or any word or words of similar
import shall be and mean a reference to the Credit Agreement as amended hereby. 
 7. Counterparts. This Amendment No. 4 may be
executed in any number of counterparts, each of which when so executed shall be deemed an original but all such counterparts shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Amendment
No. 4 by telecopier shall be as effective as delivery of a manually executed counterpart signature page to this Amendment No. 4. 
 8. Costs and Expenses. As provided in the Credit Agreement, the Borrower shall pay the reasonable fees, costs and expenses incurred by the Administrative Agent in connection with the preparation, execution and delivery of this
Amendment No. 4 (including, without limitation, attorneys’ fees). 
  

 13 

 9. GOVERNING LAW. THIS AMENDMENT NO. 4 SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK. 
 10. Headings. Section headings in this Amendment No. 4 are
included herein for convenience of reference only and shall not constitute a part of this Amendment No. 4 for any other purpose. 
 [Signature Pages Follow] 
  

 14 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 CEMEX, S.A.B. de C.V.,
 as Borrower

		
	 By
	 	 /s/ Augustin Blanco

	 Name:
	 	Augustin Blanco
	 Title:
	 	Attorney-in-fact

 [Signature Page Amendment No. 4 to $1.2bn Facility – Cemex S.A.B. de
C.V.] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 CEMEX MÉXICO, S.A. de C.V.,
 as a Guarantor

		
	 By
	 	 /s/ Augustin Blaco

	 Name:
	 	Augustin Blanco
	 Title:
	 	Attorney-in-fact

 [Signature Page Amendment No. 4 to $1.2bn Facility – Cemex
México, S.A. de C.V.] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 EMPRESAS TOLTECA de MÉXICO, S.A.
 de
C.V.,
 as a Guarantor

		
	By	 	 /s/ Augustin Blanco

	Name:	 	Augustin Blanco
	Title:	 	Attorney-in-fact

 [Signature Page Amendment No. 4 to $1.2bn Facility – Empresas
Tolteca de México, S.A. de C.V] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 BARCLAYS BANK PLC,
 as Administrative Agent
and as Lender

		
	By	 	 /s/ Nicholas A. Bell

	Name:	 	Nicholas A. Bell
	Title:	 	Director

 [Signature Page Amendment No. 4 to $1.2bn Facility – Barclays Bank
PLC] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 CITIBANK, N.A., NASSAU, BAHAMAS
 BRANCH,
 as Lender

		
	By	 	 /s/ Leslie Munroe

	Name:	 	Leslie Munroe
	Title:	 	Attorney-In-Fact

 [Signature Page Amendment No. 4 to $1.2bn Facility – Citibank, N.A.,
Nassau, Bahamas Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 BANCO SANTANDER, S.A., NEW YORK
 BRANCH,
 as a Lender

		
	By	 	 /s/ Harry Moreno

	Name:	 	Harry Moreno
	Title:	 	Vice President
		
	By	 	 /s/ Jesus Lopez

	Name:	 	Jesus Lopez
	Title:	 	Vice President

 [Signature Page Amendment No. 4 to $1.2bn Facility – Banco
Santander, S.A., New York Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 THE BANK OF NOVA SCOTIA,
 as a Lender

		
	By	 	 /s/ Marian Lawson

	Name:	 	Marian Lawson
	Title:	 	Managing Director, Co-Head Corporate Banking

 [Signature Page Amendment No. 4 to $1.2bn Facility – The Bank of
Nova Scotia] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 BANCO BILBAO VIZCAYA
 ARGENTARIA, S.A., GRAND
CAYMAN BRANCH,
 as a Lender

		
	By	 	 /s/ Rodolfo Hare

	Name:	 	Rodolfo Hare
	Title:	 	Vice President Global Corporate Banking
		
	By	 	 /s/ Cristian Aguirre

	Name:	 	Cristian Aguirre
	Title:	 	Assistant Vice President International Corporate Banking

 [Signature Page Amendment No. 4 to $1.2bn Facility – BBVA, S.A.,
Grand Cayman Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 BNP PARIBAS PANAMA BRANCH,
 as a Lender

		
	By	 	 /s/ Nair Gonzales

	Name:	 	Nair Gonzales
	Title:	 	Senior Vice-President
		
	By	 	 /s/ Alain Ligault

	Name:	 	Alain Ligault
	Title:	 	Senior Credit Officer

 [Signature Page Amendment No. 4 to $1.2bn Facility – BNP Paribas
Panama Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 CALYON NEW YORK BRANCH,
 as a
Lender

		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	Managing Director
		
	By	 	 /s/ David Rigaud

	Name:	 	David Rigaud
	Title:	 	Managing Director

 [Signature Page Amendment No. 4 to $1.2bn Facility – Calyon New York
Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 ING BANK N.V. (ACTING THROUGH ITS
 CURACAO
BRANCH),
 as a Lender

		
	By	 	 /s/ Remco Gaanderse

	Name:	 	Remco Gaanderse
	Title:	 	Country Manager
		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	Chief Financial Officer

 [Signature Page Amendment No. 4 to $1.2bn Facility – ING Bank N.V.,
Acting through its Curacao Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 WACHOVIA BANK, NATIONAL
 ASSOCIATION,
 as a Lender

		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	Managing Director

 [Signature Page Amendment No. 4 to $1.2bn Facility – Wachovia Bank,
National Association] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 BAYERISCHE LANDESBANK, NEW
 YORK BRANCH,
 as a Lender

		
	By	 	 /s/ Gina Hoey

	Name:	 	Gina Hoey
	Title:	 	Vice President
		
	By	 	 /s/ Nikolai von Mengden

	Name:	 	Nikolia von Mengden
	Title:	 	Senior Vice President

 [Signature Page Amendment No. 4 to $1.2bn Facility – Bayerische
Landesbank, New York Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 FORTIS CAPITAL CORP.,
 as a
Lender

		
	By	 	 /s/ Carlos Marmol

	Name:	 	Carlos Marmol
	Title:	 	Head of International Desk N.A.
		
	By	 	 /s/ Steven Silverstein

	Name:	 	Steven Silverstein
	Title:	 	Director

 [Signature Page Amendment No. 4 to $1.2bn Facility – Fortis Capital
Corp.] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 HSBC BANK PLC SURCURSAL EN
 ESPAÑA,

 as a Lender

		
	By	 	 /s/ Mark Hall

	Name:	 	Mark Hall
	Title:	 	Managing Director
		
	By	 	  

	Name:	 	
	Title:	 	

 [Signature Page Amendment No. 4 to $1.2bn Facility – HSBC Bank PLC
Surcursal en España] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 THE ROYAL BANK OF SCOTLAND PLC,
 as a Lender

		
	By	 	 /s/ Guillermo Poggio

	Name:	 	Guillermo Poggio
	Title:	 	
		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	

 [Signature Page Amendment No. 4 to $1.2bn Facility – The Royal Bank
of Scotland PLC] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 SOCIÉTÉ GÈNÉRALE,
 as a Lender

		
	By	 	 /s/ Ambrish Thanawala

	Name:	 	Ambrish Thanawala
	Title:	 	Managing Director

 [Signature Page Amendment No. 4 to $1.2bn
Facility – Société Gènérale] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 BANK OF AMERICA, N.A.,
 as a
Lender

		
	By	 	 /s/ Emilio Arriaga B

	Name:	 	Emilio Arriaga B
	Title:	 	Vice President

 [Signature Page Amendment No. 4 to $1.2bn Facility – Bank of
America, N.A.] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 THE BANK OF TOKYO-MITSUBISHI UFJ,
 LTD.,
 as a Lender

		
	By	 	 /s/ Makoto Kinoshita

	Name:	 	Makoto Kinoshita
	Title:	 	VP & Manager

 [Signature Page Amendment No. 4 to $1.2bn Facility – The Bank of
Tokyo-Mitsubishi UFJ, Ltd.] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 JPMORGAN CHASE BANK, N.A.,
 as a
Lender

		
	By	 	 /s/ Pablo Ogarrio

	Name:	 	Pablo Ogarrio
	Title:	 	Vice President

 [Signature Page Amendment No. 4 to $1.2bn Facility – JPMorgan Chase
Bank, N.A.] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 INTESA SANPAOLO S.p.A., NEW YORK BRANCH,
 as
a Lender

		
	By	 	 /s/ Barbara J. Bassi

	Name:	 	Barbara J. Bassi
	Title:	 	Vice President
		
	By	 	 /s/ D. Mara Lowenstein

	Name:	 	D. Mara Lowenstein, Esq.
	Title:	 	General Counsel & Vice President

 [Signature Page Amendment No. 4 to $1.2bn Facility – Intesa Sanpaolo
S.p.A., New York Branch] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 CAJA DE AHORROS Y MONTE DE
 PIEDAD DE MADRID
MIAMI AGENCY,
 as a Lender

		
	By	 	 /s/ Manuel Nunez

	Name:	 	Manuel Nunez
	Title:	 	General Manager
		
	By	 	 /s/ Pablo Hernandez

	Name:	 	Pablo Hernandez
	Title:	 	Head of Capital Markets & IFIs

 [Signature Page Amendment No. 4 to $1.2bn Facility – Caja de Madrid
Miami Agency] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 COMERICA BANK,
 as a
Lender

		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	Vice President

 [Signature Page Amendment No. 4 to $1.2bn Facility – Comerica Bank]

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	 MORGAN STANLEY BANK,
 as a
Lender

		
	By	 	 /s/ Melissa James

	Name:	 	Melissa James
	Title:	 	Authorized Signatory

 [Signature Page Amendment No. 4 to $1.2bn Facility – Morgan Stanley
Bank] 

 IN WITNESS WHEREOF, this Amendment No. 4 has been duly executed as of the date first written above. 
  

			
	BANCA MONTE DEI PASCHI DI SIENA S.P.A., as a Lender
		
	By	 	 /s/ Renato Bassi

	Name:	 	Renato Bassi
	Title:	 	Senior Vice President & General Manager

 [Signature Page Amendment No. 4 to $1.2bn Facility – Banca Monte Dei
Paschi di Siena, S.P.A.] 

 EXHIBIT A 
 Other Facilities 
  

	(1)	Credit Agreement, dated as of June 6, 2005, by and among CEMEX, as borrower, CEMEX México and Empresas Tolteca, as guarantors, Barclays Bank PLC, New York Branch, as
issuing bank and documentation agent, ING Bank N.V., as issuing bank, the several lenders party thereto, and Barclays Capital, The Investment Banking Division of Barclays Bank PLC, as joint bookrunner, Citigroup Global Markets Inc., as joint
bookrunner and syndication agent, and ING Capital LLC, as joint bookrunner and administrative agent, for an aggregate principal amount of U.S.$700,000,000, as amended by Amendment No. 1 thereto, dated as of June 21, 2006, the Amendment and
Waiver Agreement, dated as of December 1, 2006, the Third Amendment to Credit Agreement, dated as of May 9, 2007, the Waiver Agreement, dated as of November 30, 2007 and the Fourth Amendment to Credit Agreement, dated as of the date
hereof. 

  

	(2)	Amended and Restated Facilities Agreement, dated as of the date hereof, for New Sunward Holding B.V. as borrower, CEMEX, CEMEX Mexico and Empresas Tolteca as guarantors and
Citibank, N.A. as agent, for an aggregate principal amount of U.S.$700,000,000. 

  

	(3)	Senior Unsecured Dutch Loan “A” Agreement, dated as of June 2, 2008, by and among NSH, CEMEX, CEMEX México, HSBC Securities (USA) Inc., as sole structuring
agent, HSBC Securities (USA) Inc., Banco Santander, S.A., and The Royal Bank of Scotland Plc, each as joint lead arranger and joint bookrunner, ING Capital LLC, as administrative agent, and the several lenders party thereto for an aggregate
principal amount of U.S. $525,000,000 as amended by First Amendment and Waiver to Senior Unsecured Dutch Loan “A” Agreement dated as of the date hereof. 

  

	(4)	Senior Unsecured Dutch Loan “B” Agreement, dated as of June 2, 2008, by and among NSH, CEMEX, CEMEX México, HSBC Securities (USA) Inc., as sole structuring
agent, HSBC Securities (USA) Inc., Banco Santander, S.A., and The Royal Bank of Scotland Plc, each as joint lead arranger and joint bookrunner, ING Capital LLC, as administrative agent, and the several lenders party thereto for an aggregate
principal amount of U.S. $525,000,000 as amended by First Amendment and Waiver to Senior Unsecured Dutch Loan “B” Agreement dated as of the date hereof. 

  

	(5)	Amendment and Restatement Agreement relating to a U.S.$2,300,000,000 revolving facilities agreement, dated as of September 24, 2004 (as amended and restated from time to time)
and made between, among others, CEMEX España, S.A., as borrower and guarantor, Citigroup Global Markets Limited, Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander Central Hispano, S.A. and Calyon Corporate and Investment Bank as
arrangers and joint bookrunners, and Citibank International plc acting as agent. 

	(6)	Waiver letter relating to a EUR250,000,000 and JBY19,308,000,000 term and revolving facilities agreement dated as of March 30, 2004 (as amended and restated from time to time)
and made between, among others, CEMEX España, S.A., as borrower, Banco Bilbao Vizcaya Argentaria, S.A. and Société Générale, S.A. as arrangers, and Banco Bilbao Vizcaya Argentaria, S.A. as agent.

 SCHEDULE 5.06 
 Litigation 
 A description of material actions, suits, investigations, litigations or proceedings,
including Environmental Actions, affecting Borrower or any of its Subsidiaries before any court, Governmental Authority or arbitrator is provided below. 
 Environmental Matters 
 United States 
 As of November 30, 2008, CEMEX, Inc. and its subsidiaries had accrued liabilities specifically relating to environmental matters in the aggregate amount of approximately U.S.$42.6 million. The environmental
matters relate to (i) the disposal of various materials, in accordance with past industry practice, which might be categorized as hazardous substances or wastes, and (ii) the cleanup of sites used or operated by CEMEX, Inc., including
discontinued operations, regarding the disposal of hazardous substances or wastes, either individually or jointly with other parties. Most of the proceedings are in the preliminary stage, and a final resolution might take several years. For purposes
of recording the provision, CEMEX, Inc. considers that it is probable that a liability has been incurred and the amount of the liability is reasonably estimable, whether or not claims have been asserted, and without giving effect to any possible
future recoveries. Based on information available to date, CEMEX, Inc. does not believe it will be required to spend significant sums on these matters, in excess of the amounts previously recorded. The ultimate cost that might be incurred to resolve
these environmental issues cannot be assured until all environmental studies, investigations, remediation work, and negotiations with or litigation against potential sources of recovery have been completed. 
 CEMEX Construction Materials Florida, LLC f/k/a Rinker Materials of Florida, Inc., a subsidiary of CEMEX, Inc., holds one federal quarry permit and is
the beneficiary of one of 10 other federal quarrying permits granted for the Lake Belt area in South Florida. The permit held by CEMEX Florida covers CEMEX Florida’s SCL and FEC quarries. CEMEX Florida’s Krome quarry is operated under one
of the other federal quarry permits. The FEC quarry is the largest of CEMEX Floridas’ quarries measured by volume of aggregates mined and sold. CEMEX Florida’s Miami cement mill is located at the SCL quarry and is supplied by that quarry.
A ruling was issued on March 22, 2006 by a judge of the U.S. District Court for the Southern District of Florida in connection with litigation brought by environmental groups concerning the manner in which the permits were granted. Although not
named as a defendant, CEMEX Florida has intervened in the proceedings to protect its interests. The judge ruled that there were deficiencies in the procedures and analysis undertaken by the relevant governmental agencies in connection with the
issuance of the permits. The judge remanded the permits to the relevant governmental agencies for further review, which review the governmental agencies have indicated in a recent announcement should take until mid February 2009 to conclude. The
judge also conducted further proceedings to determine the activities to be conducted during the remand 

 
period. In July 2007, the judge issued a ruling that halted certain quarrying operations at three non-CEMEX Florida quarries. The judge left in place CEMEX
Florida’s Lake Belt permits until the relevant government agencies complete their review. In a May 2008 ruling, the federal appellate court determined that the district court judge did not apply the proper standard of review to the permit
issuance decision of the governmental agency, vacated the district court’s prior order, and remanded the proceeding to the district court to apply the proper standard of review; this review remains pending before the district court judge. If
the Lake Belt permits are ultimately set aside or quarrying operations under them restricted, CEMEX Florida will need to source aggregates, to the extent available, from other locations in Florida or import aggregates. This would likely affect
profits from our Florida operations. Any adverse impacts on the Florida economy arising from the cessation or significant restriction of quarrying operations in the Lake Belt could also have a material adverse effect on our financial results.

 Europe 
 In Great Britain, future
expenditure on closed and current landfill sites has been assessed and quantified over the period in which the sites are considered to have the potential to cause environmental harm, generally consistent with the regulator view of up to 60 years
from the date of closure. The assessed expenditure relates to the costs of monitoring the sites and the installation, repair and renewal of environmental infrastructure. The costs have been quantified on a net present value basis in the amount of
approximately £122 million, and an accounting provision for this sum has been made at December 31, 2007. 
 In 2003, the
European Union adopted a directive implementing the Kyoto Protocol on climate change and establishing a greenhouse gas emissions allowance trading scheme within the European Union. The directive requires Member States to impose binding caps on
carbon dioxide emissions from installations involved in energy activities, the production and processing of ferrous metals, the mineral industry (including cement production) and the pulp, paper or board production business. Under this scheme,
companies with operations in these sectors receive from the relevant Member States allowances that set limitations on the levels of greenhouse gas emissions from their installations. These allowances are tradable so as to enable companies that
manage to reduce their emissions to sell their excess allowances to companies that are not reaching their emissions objectives. Companies can also use credits issued from the use of the flexibility mechanisms under the Kyoto protocol to fulfill
their European obligations. These flexibility mechanisms provide that credits (equivalent to allowances) can be obtained by companies for projects that reduce greenhouse gas emissions in emerging markets. These projects are referred to as Clean
Development Mechanism (“CDM”) or joint implementation projects depending on the countries where they take place. Failure to meet the emissions caps is subject to heavy penalties. 
 Companies can also use, up to a certain level, credits issued under the flexible mechanisms of the Kyoto protocol to fulfill their European obligations.
Credits for Emission Reduction projects obtained under these mechanisms are recognized, up to a certain level, under the European emission trading scheme as allowances. To obtain these emission reduction credits, companies must comply with very
specific and restrictive requirements from the United Nations Convention on Climate Change (UNFCC). 

 As required by directive, each of the Member States established a National Allocations Plan, or NAP,
setting out the allowance allocations for each industrial facility for Phase I, from 2005 to 2007. Based on the NAPs established by the Member States of the European Union for the 2005 to 2007 period and our actual production, on a consolidated
basis after trading allowances between our operations in countries with a deficit of allowances and our operations in countries with an excess of allowances, and after some external operations, Borrower’s Subsidiaries had a surplus of
allowances of approximately 1,050,054 tons of carbon dioxide in this Phase I. 
 For Phase II, comprising 2008 through 2012, however, there
has been a reduction in the allowances granted by the Member States that have already approved their NAP, which may result in a consolidated deficit in our carbon dioxide allowances during the period. We believe we may be able to reduce the impact
of any deficit by either reducing carbon dioxide emissions in our facilities or by obtaining additional emission credits through the implementation of CDM projects. If we are not successful in implementing emission reductions in our facilities or
obtaining credits from CDM projects, we may have to purchase a significant amount of emission credits in the market, because CEMEX has already sold a substantial amount of allowances for Phase II, the cost of which may have an impact on our
operating results. As of December 1, 2008, the market value of carbon dioxide allowances for Phase II was approximately 15.45 € per ton. CEMEX is taking all the measures to minimize our exposure to this market while assuring the supply of
our products to our clients. 
 The Spanish NAP has been finally approved by the Spanish Government, reflecting the conditions that were set
forth by the European Commission. The allocations made to our installations allow us to foresee certain availability of allowances, nevertheless, there remains the uncertainty regarding the allocations that, against the reserve for new entrants,
shall be requested for the new CEMEX cement plant in Andorra (Teruel), currently under construction, and that it is scheduled to start operating in 2010. 
 On May 29, 2007, the Polish government filed an appeal before the Court of First Instance in Luxemburg regarding the European Commission’s rejection of the initial version of the Polish NAP. The Court has
denied Poland’s request for a quick path verdict in the case, keeping the case in the regular proceeding path, therefore, the Polish government has started to prepare Polish internal rules on division of allowance at the level already accepted
by the European Commission. Seven major Polish cement producers, representing 98% of Polish cement production (including CEMEX Polska), have also filed seven separate appeals before the Court of First Instance regarding the European
Commission’s rejection. On September 29, 2008 the Court of the First Instance issued an order rejecting CEMEX Polska’s appeal without going into the merit of the case. As of December 4, 2008 the final version of the Polish NAP
has not been cleared by the Commission; CEMEX’s has not determined the impact this may have on CEMEX ̈s position in the country. 
 Tax Matters

 Pursuant to amendments to the Mexican income tax law (Ley del Impuesto sobre la Renta), which became effective on
January 1, 2005, Mexican companies with direct or indirect 

 
investments in entities incorporated in foreign countries whose income tax liability in those countries is less than 75% of the income tax that would be
payable in Mexico will be required to pay taxes in Mexico on passive income such as dividends, royalties, interest, capital gains and rental fees obtained by such foreign entities, provided that the income is not derived from entrepreneurial
activities in such countries (income derived from entrepreneurial activities is not subject to tax under these amendments). We filed two motions in the Mexican federal courts challenging the constitutionality of the amendments. On June 29,
2006, we obtained a favorable ruling from the Mexican federal court stating that the amendments were unconstitutional. The Mexican tax authority appealed the ruling, and the proceeding was attracted by the Mexican Supreme Court of Justice. On
September 9, 2008, the Mexican Supreme Court ruled against CEMEX’s constitutional challenge of the controlled foreign corporation tax rules in effect in Mexico for tax years 2005 to 2007. Since the Supreme Court’s decision does not
pertain to an amount of taxes due or other tax obligations, CEMEX will self-assess any taxes due through the submission of amended tax returns. CEMEX has not yet determined the amount of tax or the periods affected. Based on a preliminary estimate,
CEMEX believes this amount will not be material, but no assurance can be given that additional analysis will not lead to a different conclusion. If the tax authorities do not agree with CEMEX’s self-assessment of the taxes due for past periods,
they may assess additional amounts of taxes past due, which may be material and may impact CEMEX cash flows. 
 The Mexican Congress approved
several amendments to the Mexican Asset Tax Law (Ley del Impuesto al Activo) that came into effect on January 1, 2007. As a result of such amendments, all Mexican corporations, including us, are no longer allowed to deduct their liabilities
from the calculation of the asset tax. We believe that the Asset Tax Law, as amended, is against the Mexican constitution. We have challenged the Asset Tax Law through appropriate judicial action (juicio de amparo). 
 The asset tax was imposed at a rate of 1.25% on the value of most of the assets of a Mexican corporation. The asset tax was “complementary” to
the corporate income tax (impuesto sobre la renta) and, therefore, was payable only to the extent it exceeded payable income tax. 
 Philippines

 As of November 30, 2008, the Philippine Bureau of Internal Revenue (BIR), had assessed APO, Solid, IQAC, ALQC and CSPI, our
operating subsidiaries in the Philippines, for deficiency taxes covering taxable years 1998-2005 amounting to a total of approximately 1,994 million Philippine Pesos (approximately U.S.$40.727 million as of November 30, 2008, based on an
exchange rate of Philippine Pesos 48.96 to U.S.$1.00, which was the Philippine Peso/Dollar exchange rate on November 30, 2008 as published by the Bangko Sentral ng Pilipinas, the central bank of the Republic of the Philippines). 
 The majority of the tax assessments result primarily from the disallowance of APO’s income tax holiday incentives for taxable years 1999 to 2001
(approximately Philippine Pesos 1,078 million or U.S.$22.1 million as of November 30, 2008, based on an exchange rate of Philippine Pesos 48.96 to U.S.$1.00). We have contested the BIR’s assessment, arising from the disallowance of
the ITH incentive, with the Court of Tax Appeals (CTA). The initial Division 

 
ruling of the CTA was unfavorable, but is subject to further appeal with the CTA as a whole. The assessment is now currently on appeal with the CTA En Banc.
A motion was filed with the CTA, requesting the court to hold APO totally not liable for alleged income tax liabilities for all the years covered and to this end cancel and withdraw APO’s deficiency income tax assessments for taxable years
1999, 2000 and 2001 on the basis of APO’s availment of the tax amnesty described below. As of November 30, 2008, resolution on the aforementioned motion is still pending. 
 CEMEX Venezuelan Nationalization 
 In furtherance of Venezuela’s announced policy to
nationalize certain sectors of the economy, on June 18, 2008, the Nationalization Decree was promulgated, mandating that the cement production industry in Venezuela be reserved for the Government of Venezuela and ordering the conversion of
foreign-owned cement companies, including CEMEX Venezuela, into state-controlled companies with Venezuela holding an equity interest of at least 60%. The Nationalization Decree provided for the formation of a transition committee to be integrated
with the board of directors of the relevant cement company to guaranty the transfer of control over all activities of the relevant cement company to Venezuela by December 31, 2008. The Nationalization Decree further established a deadline of
August 17, 2008 for the shareholders of foreign-owned cement companies, including CEMEX Venezuela, to reach an agreement with the Government of Venezuela on the compensation for the nationalization of their assets. The Nationalization Decree
also provided that this deadline may be extended by mutual agreement of the Government of Venezuela and the relevant shareholder. The transition committee, which was to be coordinated by the Ministry of Basic Industries (MIBAN), was never formally
instituted and MIBAN never acted in the process, but instead Petroleos de Venezuela (PDVSA) conducted all the conversations. 
 CEMEX
Venezuela and the Government did not reach agreement by the August 17 deadline, and on August 18 the Expropriation Decree was issued by the President of Venezuela, with PDVSA appointed to conduct the expropriation proceedings. Although
these proceedings had not yet commenced, PDVSA officials headed a group of PDVSA workers, with the support of the public force, to take over all the facilities of CEMEX Venezuela on August 17. Since no agreement has been reached with the
Venezuelan Government as to the compensation to be paid, the Dutch companies that control CEMEX Venezuela filed an arbitration request before the International Center for the Settlement of Investment Disputes against the Government of Venezuela,
which request has been registered and the tribunal is in the process of being formed. 
 As of December 31, 2007, CEMEX Venezuela,
S.A.C.A. was the holding entity of several of CEMEX’s investments in the region, including CEMEX’s operations in the Dominican Republic and Panama, as well as CEMEX’s minority investment in Trinidad. In the wake of statements by the
Government of Venezuela about the nationalization of assets in Venezuela, in April 2008, CEMEX concluded the transfer of all material non-Venezuelan investments to CEMEX España for approximately U.S.$355 million plus U.S.$112 million of net
debt, having distributed all accrued profits from the non-Venezuelan investments to the stockholders of CEMEX Venezuela amounting to approximately U.S.$132 million. At this time, the net impact or the outcome of the nationalization on CEMEX’s
consolidated financial results cannot be reasonably estimated. As of June 30, 2008 the net assets of CEMEX’s Venezuelan operations under Mexican FRS were approximately [U.S.$821.7]. Since August 2008, CEMEX no longer consolidates the
financial results of CEMEX Venezuela. 

 On June 13, 2008, the Venezuelan securities authority initiated an administrative proceeding against
CEMEX Venezuela, claiming that the company did not sufficiently inform its shareholders and the securities authority in connection with the transfer of the non-Venezuelan assets described above. The Venezuelan authority determined that CEMEX
Venezuela did not comply with its disclosure obligations and imposed fines on the company, which we do not consider material, and requested the attorney general’s office to review the case to determine if such non-disclosure also constituted
criminal infringement. 
 Other Legal Proceedings 
 On August 5, 2005, a lawsuit was filed against a subsidiary of CEMEX Colombia, claiming that it was liable along with the other members of the Asociación Colombiana de Productores de Concreto, or ASOCRETO, a union formed
by all the ready-mix concrete producers in Colombia, for the premature distress of the roads built for the mass public transportation system of Bogotá using ready-mix concrete supplied by CEMEX Colombia and other ASOCRETO members. The
plaintiffs allege that the base material supplied for the road construction failed to meet the quality standards offered by CEMEX Colombia and the other ASOCRETO members and/or that they provided insufficient or inaccurate information in connection
with the product. The plaintiffs seek the repair of the roads in a manner which guarantees their service during the 20-year period for which they were originally designed, and estimate that the cost of such repair will be approximately U.S.$45
million. The lawsuit was filed within the context of a criminal investigation of two ASOCRETO officers and other individuals, alleging that the ready-mix concrete producers were liable for damages if the ASOCRETO officers were criminally
responsible. The court completed the evidentiary stage, and on August 17, 2006 dismissed the charges against the members of ASOCRETO. The other defendants (one ex-director of the Distrital Institute of Development, the legal representative of
the constructor and the legal representative of the contract auditor) were formally accused. The decision was appealed, and on December 11, 2006, the decision was reversed and the two ASOCRETO officers were formally accused as participants
(determiners) in the execution of a state contract without fulfilling all legal requirements thereof. The first public hearing took place on November 20, 2007. In this hearing the judge dismissed an annulment petition filed by the ASOCRETO
officers. The petition was based on the fact that the officers were formally accused of a different crime than the one they were being investigated for. This decision was appealed, but the decision was confirmed by the Superior Court of Bogota. On
January 21, 2008, CEMEX Colombia was subject to a judicial order, issued by the court, sequestering a quarry called El Tujuelo, as security for a possible future money judgment to be rendered against CEMEX Colombia in these proceedings. The
court determined that in order to lift this attachment and prevent further attachments, CEMEX Colombia was required within a period of 10 days to deposit with the Court in cash CoP$337,800 million (approximately U.S.$195 million as of June 4,
2008, based on an exchange rate of CoP1730 to U.S.$1.00, which was the Colombian Peso/Dollar exchange rate on June 4, 2008, as published by the Banco de la República de Colombia, the central bank of Colombia), instead of being
allowed to post an insurance policy to secure such recovery. CEMEX Colombia asked for reconsideration, and the court allowed 

 
CEMEX to present an insurance policy. Nevertheless, CEMEX appealed this decision, in order to reduce the amount of the insurance policy, and also requested
that the guarantee be covered by all defendants in the case. The measure does not affect the normal activity of the quarry. At this stage, we are not able to assess the likelihood of an adverse result or the potential damages which could be borne by
CEMEX Colombia. 
 On August 5, 2005, Cartel Damages Claims, SA, or CDC, filed a lawsuit in the District Court in Düsseldorf,
Germany against CEMEX Deutschland AG and other German cement companies. CDC is seeking €102 million in respect of damage claims by 28 entities relating to alleged price and quota fixing by German cement companies between 1993 and 2002,
which entities had assigned their claims to CDC. CDC is a Belgian company established by two lawyers in the aftermath of the German cement cartel investigation that took place from July 2002 to April 2003 by Germany’s Federal Cartel Office with
the express purpose of purchasing potential damages claims from cement consumers and pursuing those claims against the cartel participants. In January 2006, another entity assigned alleged claims to CDC, and the amount of damages being sought by CDC
increased to €113.5 million plus interest. On February 21, 2007, the District Court of Düsseldorf decided to allow this lawsuit to proceed without going into the merits of this case by issuing an interlocutory judgment. All
defendants appealed. The appeal hearing took place on April 22, 2008, and the appeal was dismissed on May 14, 2008. The lawsuit will proceed at the level of court of first instance. As of September 30, 2008 only one defendant has
decided to file a complaint before the Federal High Court; this will delay the case from proceeding at the level of first instance to an extent we cannot assess today. In the meantime, CDC had acquired new assigners and announced an increase in the
claim to €131 million. As of November 30, 2008, we had accrued liabilities regarding this matter for a total amount of approximately €20 million. 
 After an extended consultation period, in April 2006, the cities of Kaštela and Solin in Croatia published their respective Master (physical) Plans defining the development zones within their respective
municipalities, adversely impacting the mining concession granted to Dalmacijacement, our subsidiary in Croatia, by the Government of Croatia in September 2005. During the consultation period, Dalmacijacement submitted comments and suggestions to
the Master Plans, but these were not taken into account or incorporated into the Master Plan by Kaštela and Solin. Most of these comments and suggestions were intended to protect and preserve the rights of Dalmacijacement ́s mining
concession granted by the Government of Croatia in September 2005. Immediately after publication of the Master Plans, Dalmacijacement filed a series of lawsuits and legal actions before the local and federal courts to protect its acquired rights
under the mining concessions. The legal actions taken and filed by Dalmacijacement were as follows: (i) on May 17, 2006, a constitutional appeal before the constitutional court in Zagreb, seeking a declaration by the court concerning
Dalmacijacement’s constitutional claim for decrease and obstruction of rights earned by investment, and seeking prohibition of implementation of the Master Plans. This cases is currently under review by the court in Croatia, and it is expected
that these proceedings will continue for several years before resolution; (ii) on May 17, 2006, a possessory action against the cities of Kaštela and Solin seeking the enactment of interim measures prohibiting implementation of the
Master Plans and including a request to implead the Republic of Croatia into the proceeding on our side. The municipal court in Solin issued a first instance judgment dismissing our possessory action. We 

 
filed an appeal against that judgment. The appeal has been resolved by the Solin County Court, affirming the judgment and rendering it final. The Municipal
Court in Kaštela has issued a first instance judgment dismissing our possessory action. We filed an appeal against said judgment, which has since been resolved by the Kaštela Country Court, affirming the judgment and rendering it final;
(iii) on May 17, 2006, an administrative proceeding before the State Lawyer, seeking a declaration from the Government of Croatia confirming that Dalmacijacement acquired rights under the mining concessions. Dalmacijacement received State
Lawyer’s opinion which confirms the Dalmacijacement’s acquired rights according to the previous decisions (“old concession”). The Administrative Court in Croatia has ruled in favor of Dalmacijacement, validating the legality of
the mining concession granted to Dalmacijacement by the Government of Croatia. This decision is final. Currently it is difficult for Dalmacijacement to ascertain the approximate economic impact of these measures by Kaštela and Solin).

 Club of Environmental Protection, a Latvian environmental protection organization (hereinafter the “Applicant”), has initiated a
court administrative proceeding against the decision made by the Environment State Bureau (hereinafter the “Defendant) in order to amend the environmental pollution permit (the “Permit”) for the Broceni Cement Plant in Latvia, owned
by CEMEX SIA (the “Disputed Decision”). CEMEX SIA was invited to participate in the court proceedings as a third party, whose rights and legal interest may be infringed by the relevant administrative act. On June 5, 2008 the Court
rendered its judgment, where it satisfied the Claimant’s claim and revoked the Disputed Decision stating that it is illegal because Defendant failed to perform public inquiry in accordance with legal regulations. The judgment has been appealed
by both the Defendant and CEMEX SIA before the Court of Appeal and the court will hear the case in February 24, 2009. The appellate procedure will not suspend the operation of the Permit which will remain valid throughout the court proceedings,
hence CEMEX SIA is allowed to continue to perform its activities. The Permit subject to this proceeding was issued for the existing cement line, which will be fully substituted in the first half of 2009 by a new cement line currently under
construction. 

 SCHEDULE 8.04 
 Qualified Receivables Transactions 
 [EXCEL FILE TO BE POSTED ON DEBT DOMAIN] 

 Schedule 8.04 
 Qualified Receivables Transactions 
  

															
	  	  	Description	  	Counterparty	  	Date	  	Currency	  	 Amount in
 million
	  	 Amount in
 USD
 million
	  	Maturity
	CEMEX France Finance S.A.S	  	 Amended and Restated Receivables Assignment Agreement (as amended)
	  	 ING Bank (France) S.A.
	  	May 31, 2006	  	EURO	  	160,000,000	  	201,840,000	  	May 31, 2009
								
	Cemex Inc.	  	 Amended and Restated Receivables Purchase Agreement (as amended)
	  	 JP Morgan Chase Bank, N.A./ Lloyds TSB Bank plc
	  	March 20, 2008	  	USD	  	500,000,000	  	500,000,000	  	March 20, 2009
								
	Cemex Mexico, S.A. de C.V.	  	 Agreement for the Sale and Transfer of Ownership of Designated Receivable
	  	 WLB Funding, S.A. de CM., SOFOM, E.N.R.
	  	January 9, 2008	  	MXN	  	2,298,000,000	  	168,946,985	  	January 9, 2009
								
	Cemex Espana, S.A.	  	 Amended and Restated Receivables Purchase Agreement (as amended)
	  	 WestLB AG
	  	May 9, 2006	  	EURO	  	300,000,000	  	378,450,000	  	May 9, 2011
	 TOTAL
	  		  		  		  		  		  	1,249,236,985Amendment No. 5 to $1,200,000,000 Term Credit Agreement

 EXHIBIT 4.9.5 
 EXECUTION VERSION 
 FIFTH AMENDMENT TO CREDIT AGREEMENT 
 This Fifth Amendment to the Credit Agreement (as defined below), dated as of January 22, 2009 (this “Amendment
No. 5”), is entered into by and among CEMEX, S.A.B. de C.V., a sociedad anónima bursátil de capital variable organized and existing pursuant to the laws of the United Mexican States (formerly
known as “CEMEX, S.A. de C.V.”) (the “Borrower”), CEMEX MÉXICO, S.A. de C.V., a sociedad anónima de capital variable organized and existing pursuant to the laws of the United Mexican States,
EMPRESAS TOLTECA DE MÉXICO, S.A. de C.V., a sociedad anónima de capital variable organized and existing pursuant to the laws of the United Mexican States (each a “Guarantor” and together, the
“Guarantors”), the several Lenders party thereto, BARCLAYS BANK PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). 
 RECITALS 
 A. The Borrower, the Guarantors,
the Administrative Agent, the several Lenders party thereto, Barclays Capital, The Investment Banking Division of Barclays Bank PLC, as Joint Lead Arranger and Joint Bookrunner, and Citigroup Global Markets Inc., as Documentation Agent, Joint Lead
Arranger and Joint Bookrunner, are parties to that certain senior secured credit facility, dated as of May 31, 2005 in the amount of U.S.$1,200,000,000, as amended by Amendment No. 1, dated as of June 19, 2006, the Amendment and
Waiver No. 2, dated as of November 30, 2006, the Amendment and Waiver No. 3, dated as of May 9, 2007, and Amendment No. 4 to the Credit Agreement, dated as of December 19, 2008 (as now or hereafter amended, restated,
waived or otherwise modified, the “Credit Agreement”). 
 B. The Borrower has requested that the Administrative Agent and
the Lenders consent to the following amendment to the Credit Agreement. 
 C. This Amendment No. 5 shall constitute a Transaction
Document and these Recitals shall be construed as part of this Amendment No. 5. 
 NOW THEREFORE, in consideration of the premises and
the mutual covenants hereinafter contained, and of the Loans and other extensions of credit heretofore, now or hereafter made to, or for the benefit of, the Borrower by the Lenders, the Borrower, the Guarantors, the Administrative Agent, and the
Lenders hereby agree as follows: 
 1. Definitions. Except to the extent otherwise specified herein, capitalized terms used in this
Amendment No. 5 shall have the same meanings ascribed to them in the Credit Agreement. 
 2. Amendments. Subject to
Section 4, the Credit Agreement is hereby amended as follows: 
 2.1 The definition for “EBITDA” in Section 1.01
(“Certain Definitions”) shall be deleted and replaced in its entirety with the following language: 
 ““EBITDA” means,
for any period, the sum for the Borrower and its Subsidiaries, determined on a consolidated basis of (a) operating income (utilidad de operación), (b) cash interest income and (c) depreciation and amortization expense,
in each case determined in accordance with Mexican GAAP, 

 
subject to the adjustments herein, consistently applied for such period and adjusted for Discontinued EBITDA as follows: if the amount of Discontinued EBITDA
is a positive amount, then EBITDA shall increase by such amount, and if the amount of Discontinued EBITDA is a negative amount, then EBITDA shall decrease by the absolute value of such amount. For the purposes of calculating EBITDA for any
applicable period pursuant to any determination of the Consolidated Net Debt / EBITDA Ratio (but not the Consolidated Fixed Charge Coverage Ratio): (A) (i) if at any time during such applicable period the Borrower or any of its
Subsidiaries shall have made any Material Disposition, the EBITDA for such applicable period shall be reduced by an amount equal to the EBITDA (if positive) attributable to the property that is the subject of such Material Disposition for such
applicable period (but when the Material Disposition is by way of lease, income received by the Borrower or any of its Subsidiaries under such lease shall be included in EBITDA) and (ii) if at any time during such applicable period the Borrower
or any of its Subsidiaries shall have made any Material Acquisition, EBITDA for such applicable period shall be calculated after giving pro forma effect thereto (including the incurrence or assumption of any Debt) as if such Material
Acquisition had occurred on the first day of such applicable period. Additionally, if since the beginning of such applicable period any Person that subsequently shall have become a Subsidiary or was merged or consolidated with the Borrower or any of
its Subsidiaries as a result of a Material Acquisition occurring during such applicable period shall have made any Disposition or Acquisition of property that would have required an adjustment pursuant to clause (i) or (ii) above if made
by the Borrower or any of its Subsidiaries during such applicable period, EBITDA for such period shall be calculated after giving pro forma effect thereto as if such Disposition or Acquisition had occurred on the first day of such applicable
period; and (B) all EBITDA for each applicable period ending on or after December 31, 2008 will be recalculated by multiplying each month’s EBITDA by the Ending Exchange Rate and dividing the amount obtained thereto by the exchange
rate used by the Borrower in preparation of its monthly financial statements in accordance with Mexican GAAP to convert U.S.$ into Mexican pesos (such recalculated EBITDA being the “Recalculated EBITDA”), provided,
that, the Required Lenders shall have the option, with respect to any Reference Period ending after December 31, 2009, to discontinue the incorporation of Recalculated EBITDA into the Consolidated Net Debt/EBITDA Ratio (the
“Discontinue Option”). The Required Lenders may exercise the Discontinue Option upon notice to the Administrative Agent, who shall, acting upon the instructions of the Required Lenders, notify the Borrower of such exercise in
writing (the “Notice of Discontinuance”) at least thirty (30) days prior to the end of such Reference Period. Subject to the foregoing notice requirements, such Discontinue Option shall be effective for each Reference Period
ending after the date of such Notice of Discontinuance to the Borrower as set forth herein.” 
 2.2 The definition for “Ending
Exchange Rate” in Section 1.01 (“Certain Definitions”) shall be deleted and replaced in its entirety with the following language: 
 ““Ending Exchange Rate” means the exchange rate at the end of a Reference Period for converting U.S.$ into Mexican pesos, used by the Borrower and its auditors in preparation of the Borrower’s financial statements
in accordance with Mexican GAAP.” 
 2.3 The definition of “U.S.$/Euro EBITDA” in Section 1.01 (“Certain
Definitions”) shall be deleted in its entirety. 
 3. Representations and Warranties. The Borrower and each of the other
Credit Parties hereby represent and warrant to the Administrative Agent and the Lenders that: 
 3.1 The representations and warranties of the
Borrower contained in the Credit Agreement are true and correct as of the date of this Amendment No. 5; provided, however, that with respect to Section 5.11 (“Ownership of Property”), the representations and
warranties are true and correct, 

 
other than as is set forth in the Risk Factors in the Borrower’s Form 20-F for the year ended December 31, 2007 filed with the SEC and updated in
the Borrower’s Form 6-K filed on August 19, 2008 with the SEC, in each case with respect to CEMEX Venezuela S.A.C.A. 
 3.2 The
representations and warranties of the Guarantors contained in the Credit Agreement are true and correct as of the date of this Amendment No. 5. 
 3.3 The execution, delivery and performance by the Borrower and each of the other Credit Parties of this Amendment No. 5 has been duly authorized by all necessary corporate action, and this Amendment No. 5
constitutes the legal, valid and binding obligation of the Borrower and each of the other Credit Parties enforceable against the Borrower and each of the other Credit Parties in accordance with its terms, except as enforceability may be limited by
applicable concurso mercantil, bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally or general equity principles. 
 3.4 The execution, delivery and performance of this Amendment No. 5 does not, and will not, contravene or conflict with any provision of
(i) any Requirement of Law, (ii) any judgment, decree or order, or (iii) the certificate or articles of incorporation or by-laws or other constituent documents of the Borrower and the Credit Parties, and does not, and will not,
contravene or conflict with, or cause any Lien to arise under, any provision of any Contractual Obligation applicable to the Borrower and the Credit Parties. 
 3.5 No Default or Event of Default exists under the Credit Agreement or any other Transaction Document or will exist after or be triggered by the execution, delivery and performance of this Amendment No. 5. In
addition, the Borrower and each of the other Credit Parties hereby represent, warrant and reaffirm that the Credit Agreement, the Notes and each of the other Transaction Documents remain in full force and effect. 
 4. Conditions Precedent to Effectiveness. The effectiveness of the amendments set forth in Section 2 hereof are in each instance
subject to the satisfaction of each of the following conditions precedent (the date on which all such conditions precedent are satisfied or waived being the “Amendment No. 5 Effective Date”): 
 4.1 Amendment No. 5. This Amendment No. 5 shall have been duly authorized, executed and delivered by each of the Borrower, the Guarantors
and the Required Lenders, and acknowledged by the Administrative Agent (which shall be a purely ministerial action). 
 4.2 No
Default. After giving effect to this Amendment No. 5, no Default or Event of Default shall have occurred and be continuing, or would result from the execution or effectiveness of this Amendment No. 5. 
 4.3 No Material Adverse Effect. No Material Adverse Effect has occurred since December 31, 2007 (excluding the financial condition and events
previously disclosed in (i) the Borrower’s filings made with the SEC or the Bolsa Mexicana de Valores, S.A.B de C.V. after December 31, 2007; or (ii) in the Borrower’s unaudited financial statements for each of the
first three fiscal periods of 2008). 
 4.4 Solvency. The Borrower and each Guarantor is, and after giving effect to each of the
transactions contemplated by this Amendment No. 5 and the Transaction Documents will be, Solvent. 

 4.5 Miscellaneous. The Administrative Agent and the Lenders shall have received such other
agreements, instruments and documents as the Administrative Agent or the Lenders may reasonably request. 
 4.6 Other Facilities. This
Amendment shall not be effective until the debt obligations set forth on Exhibit A attached hereto have been amended in form and substance reasonably satisfactory to the Lenders and the Borrower shall have notified the Administrative Agent of
such modification in writing. 
 5. Reference to and Effect Upon the Credit Agreement and other Transaction Documents. 
 5.1 Full Force and Effect. Except as specifically provided herein, the Credit Agreement, the Notes and each other Transaction Document shall remain
in full force and effect and each Note, Transaction Document, and the Credit Agreement is hereby ratified and confirmed by the Borrower. 
 5.2 No Waiver. The execution, delivery and effect of this Amendment No. 5 shall be limited precisely as written and shall not be deemed to (i) be a consent to any waiver of any term or condition, or to any amendment or
modification of any term or condition (except as specifically provided herein) of the Credit Agreement, the Notes or any other Transaction Document, (ii) prejudice any right, power or remedy which the Administrative Agent or any Lender now has
or may have in the future under or in connection with the Credit Agreement or any other Transaction Document or (iii) constitute a novation of any of the obligations under the Credit Agreement, the Notes, and the other Transaction Documents.

 5.3 Certain Terms. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”,
“herein” or any other word or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference in any other Transaction Document to the Credit Agreement or any word or words of similar
import shall be and mean a reference to the Credit Agreement as amended hereby. 
 6. Counterparts. This Amendment No. 5 may be
executed in any number of counterparts, each of which when so executed shall be deemed an original but all such counterparts shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Amendment
No. 5 by telecopier shall be as effective as delivery of a manually executed counterpart signature page to this Amendment No. 5. 
 7. Costs and Expenses. As provided in the Credit Agreement, the Borrower shall pay the reasonable fees, costs and expenses incurred by the Administrative Agent in connection with the preparation, execution and delivery of this
Amendment No. 5 (including, without limitation, attorneys’ fees). 
 8. GOVERNING LAW. THIS AMENDMENT NO. 5 SHALL BE
GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK. 
 9. Headings. Section headings
in this Amendment No. 5 are included herein for convenience of reference only and shall not constitute a part of this Amendment No. 5 for any other purpose. 
 [Signature Pages Follow] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 CEMEX, S.A.B. de C.V.,
 as
Borrower

		
	By	 	 /s/ Agustin Blanco

	Name:	 	Agustin Blanco
	Title:	 	Attorney-in-Fact

 [Signature Page Amendment No. 5 to $1.2bn Facility – Cemex S.A.B. de
C.V.] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 CEMEX MÉXICO, S.A. de C.V.,
 as a
Guarantor

		
	By	 	 /s/ Agustin Blanco

	Name:	 	Agustin Blanco
	Title:	 	Attorney-in-Fact

 [Signature Page Amendment No. 5 to $1.2bn Facility – Cemex
México, S.A. de C.V.] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 EMPRESAS TOLTECA de MÉXICO, S.A. de C.V.,
 as a Guarantor

		
	By	 	 /s/ Agustin Blanco

	Name:	 	Agustin Blanco
	Title:	 	Attorney-in-Fact

 [Signature Page Amendment No. 5 to $1.2bn Facility – Empresas
Tolteca de México, S.A. de C.V] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 BARCLAYS BANK PLC,
 as Administrative Agent
and as Lender

		
	By	 	 /s/ Nicholas A. Bell

	Name:	 	Nicholas A. Bell
	Title:	 	Director

 [Signature Page Amendment No. 5 to $1.2bn Facility – Barclays Bank
PLC] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 CITIBANK, N.A., NASSAU, BAHAMAS BRANCH,
 as
Lender

		
	By	 	 /s/ Leslie Munroe

	Name:	 	Leslie Munroe
	Title:	 	Attorney-In-Fact

 [Signature Page Amendment No. 5 to $1.2bn Facility – Citibank, N.A.,
Nassau, Bahamas Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 BANCO SANTANDER, S.A., NEW YORK BRANCH,
 as a
Lender

		
	By	 	 /s/ Jorge Saavedra

	Name:	 	Jorge Saavedra
	Title:	 	Executive Director
		
	By	 	 /s/ Jesus Lopez

	Name:	 	Jesus Lopez
	Title:	 	Vice President

 [Signature Page Amendment No. 5 to $1.2bn Facility – Banco
Santander, S.A., New York Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 THE BANK OF NOVA SCOTIA,
 as a
Lender

		
	By	 	 /s/ Marian Lawson

	Name:	 	Marian Lawson
	Title:	 	Managing Director

 [Signature Page Amendment No. 5 to $1.2bn Facility – The Bank of
Nova Scotia] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 BANCO BILBAO VIZCAYA ARGENTARIA, S.A., GRAND CAYMAN BRANCH,
 as a Lender

		
	By	 	 /s/ Rodolfo Hare

	Name:	 	Rodolfo Hare
	Title:	 	Global Corporate Banking
		
	By	 	 /s/ Guilherme Gobbo

	Name:	 	Guilherme Gobbo
	Title:	 	Global Corporate Banking

 [Signature Page Amendment No. 5 to $1.2bn Facility – BBVA, S.A.,
Grand Cayman Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 BNP PARIBAS PANAMA BRANCH,
 as a
Lender

		
	By	 	 /s/ Raúl Ardito Barletta

	Name:	 	Raúl Ardito Barletta
	Title:	 	Executive Vice President
		
	By	 	 /s/ Christian Giraudon

	Name:	 	Christian Giraudon
	Title:	 	General Manager

 [Signature Page Amendment No. 5 to $1.2bn Facility – BNP Paribas
Panama Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 CALYON NEW YORK BRANCH,
 as a
Lender

		
	By	 	 /s/ Jesus Tueme

	Name:	 	Jesus Tueme
	Title:	 	Managing Director
		
	By	 	 /s/ Kevin Flood

	Name:	 	Kevin Flood
	Title:	 	Vice President

 [Signature Page Amendment No. 5 to $1.2bn Facility – Calyon New York
Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 ING BANK N.V. (ACTING THROUGH ITS CURACAO BRANCH),
 as a Lender

		
	By	 	 /s/ H.F.J. (Freddy) ten Holt

	Name:	 	H.F.J. (Freddy) ten Holt
	Title:	 	Chief Financial Officer
		
	By	 	 /s/ A. C. Maduro

	Name:	 	A. C. Maduro
	Title:	 	Risk Manager

 [Signature Page Amendment No. 5 to $1.2bn Facility – ING Bank N.V.,
Acting through its Curacao Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 WACHOVIA BANK, NATIONAL ASSOCIATION,
 as a
Lender

		
	By	 	 /s/ Kathleen H. Reedy

	Name:	 	Kathleen H. Reedy
	Title:	 	Managing Director

 [Signature Page Amendment No. 5 to $1.2bn Facility – Wachovia Bank,
National Association] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 BAYERISCHE LANDESBANK, NEW YORK BRANCH,
 as a
Lender

		
	By	 	 /s/ Nikolai von Mengden

	Name:	 	Nikolai von Mengden
	Title:	 	Senior Vice President
		
	By	 	 /s/ Gina Hoey

	Name:	 	Gina Hoey
	Title:	 	Vice President

 [Signature Page Amendment No. 5 to $1.2bn Facility – Bayerische
Landesbank, New York Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 FORTIS CAPITAL CORP.,
 as a
Lender

		
	By	 	 /s/ Miguel Otero

	Name:	 	Miguel Otero
	Title:	 	Senior Corporate Manager

 [Signature Page Amendment No. 5 to $1.2bn Facility – Fortis Capital
Corp.] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 THE ROYAL BANK OF SCOTLAND PLC,
 as a Lender

		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	MD
		
	By	 	 /s/ illegible

	Name:	 	[illegible]
	Title:	 	Director

 [Signature Page Amendment No. 5 to $1.2bn Facility – The Royal Bank
of Scotland PLC] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 SOCIÉTÉ GÈNÉRALE,
 as a Lender

		
	By	 	 /s/ Ambrish Thanawala

	Name:	 	Ambrish Thanawala
	Title:	 	Managing Director

 [Signature Page Amendment No. 5 to $1.2bn
Facility – Société Gènérale] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 BANK OF AMERICA, N.A.,
 as a
Lender

		
	By	 	 /s/ Emilio Arriaga

	Name:	 	Emilio Arriaga
	Title:	 	Vice President

 [Signature Page Amendment No. 5 to $1.2bn Facility – Bank of
America, N.A.] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,
 as a
Lender

		
	By	 	 /s/ Makoto Kinoshita

	Name:	 	Makoto Kinoshita
	Title:	 	VP & Manager

 [Signature Page Amendment No. 5 to $1.2bn Facility – The Bank of
Tokyo-Mitsubishi UFJ, Ltd.] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 JPMORGAN CHASE BANK, N.A.,
 as a
Lender

		
	By	 	 /s/ Pablo Ogarrio

	Name:	 	Pablo Ogarrio
	Title:	 	Vice President

 [Signature Page Amendment No. 5 to $1.2bn Facility – JPMorgan Chase
Bank, N.A.] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 INTESA SANPAOLO S.p.A., NEW YORK BRANCH,
 as
a Lender

		
	By	 	 /s/ Barbara J. Bassi

	Name:	 	Barbara J. Bassi
	Title:	 	Vice President
		
	By	 	 /s/ [illegible]

	Name:	 	[illegible]
	Title:	 	[illegible]

 [Signature Page Amendment No. 5 to $1.2bn Facility – Intesa Sanpaolo
S.p.A., New York Branch] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 CAJA DE AHORROS Y MONTE DE
 PIEDAD DE MADRID
MIAMI AGENCY,
 as a Lender

		
	By	 	 /s/ Jose Cueto

	Name:	 	Jose Cueto
	Title:	 	Senior VP & Deputy General Manager
		
	By	 	 /s/ Jesus Miramon

	Name:	 	Jesus Miramon
	Title:	 	Deputy General Manager

 [Signature Page Amendment No. 5 to $1.2bn Facility – Caja de Madrid
Miami Agency] 

 IN WITNESS WHEREOF, this Amendment No. 5 has been duly executed as of the date first written above. 
  

			
	 MORGAN STANLEY BANK,
 as a
Lender

		
	By	 	 /s/ Melissa James

	Name:	 	Melissa James
	Title:	 	Authorized Signatory

 [Signature Page Amendment No. 5 to $1.2bn Facility – Morgan Stanley
Bank] 

 EXHIBIT A 
  

	(1)	Amended and Restated Credit Agreement, dated as of June 6, 2005, by and among CEMEX S.A.B. de C.V., as borrower, CEMEX México S.A. de C.V. and Empresas Tolteca de
México S.A. de C.V., as guarantors, Barclays Bank PLC, New York Branch, as issuing bank and documentation agent, ING Bank N.V., as issuing bank, the several lenders party thereto, and Barclays Capital, The Investment Banking Division of
Barclays Bank PLC, as joint bookrunner, Citigroup Global Markets Inc., as joint bookrunner and syndication agent, and ING Capital LLC, as joint bookrunner and administrative agent, for an aggregate principal amount of U.S.$700,000,000, as amended by
Amendment No. 1 thereto, dated as of June 21, 2006, the Amendment and Waiver Agreement, dated as of December 1, 2006, the Third Amendment to Credit Agreement, dated as of May 9, 2007, the Waiver Agreement, dated as of
November 30, 2007 and the Fourth Amendment to Credit Agreement, dated as of December 19, 2008. 

  

	(2)	Amended and Restated Facilities Agreement, dated as of December 19, 2008, by and among New Sunward Holding B.V., as borrower, CEMEX S.A.B. de C.V., CEMEX México S.A. de
C.V. and Empresas Tolteca de México S.A. de C.V., as original guarantors, Banco Bilbao Vizcaya Argentaria, S.A., BNP Paribas and Citigroup Global Markets, Inc., as arrangers, and Citibank, N.A. as agent and on behalf of the finance parties,
for an aggregate principal amount of U.S.$700,000,000. 

  

	(3)	Senior Unsecured Maturity Loan “A” Agreement, dated as of December 31, 2008, by and among NSH, as borrower, CEMEX S.A.B. de C.V., and CEMEX México S.A. de
C.V., as guarantors, HSBC Securities (USA) Inc., as sole structuring agent, HSBC Securities (USA) Inc., Banco Santander, S.A., and The Royal Bank of Scotland Plc, each as joint lead arranger and joint bookrunner, ING Capital LLC, as administrative
agent, and the several lenders party thereto, for an aggregate principal amount of U.S.$525,000,000. 

  

	(4)	Senior Unsecured Maturity Loan “B” Agreement, dated as of December 31, 2008, by and among NSH, as borrower, CEMEX S.A.B. de C.V., and CEMEX México S.A. de
C.V., as guarantors, HSBC Securities (USA) Inc., as sole structuring agent, HSBC Securities (USA) Inc., Banco Santander, S.A., and The Royal Bank of Scotland Plc, each as joint lead arranger and joint bookrunner, ING Capital LLC, as administrative
agent, and the several lenders party thereto, for an aggregate principal amount of U.S.$525,000,000. 

  

	(5)	Credit Agreement, dated as of June 25, 2008, among CEMEX S.A.B. de C.V., as borrower, CEMEX México S.A. de C.V., as guarantor, and Banco Bilbao Vizcaya Argentaria, S.A.
New York Branch, as lender, for an aggregate principal amount of U.S.$500,000,000, as amended by the First Amendment to the Credit Agreement, dated as of December 19, 2008.

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