Annual Financial Report

For immediate release                                                                              8 June 2016

Gas Natural Capital Markets, S.A.

EURO 14,000,000,000 Guaranteed Euro Medium Term Note Programme guaranteed by Gas Natural SDG, S.A. (the Programme)

Annual Report and Accounts

Gas Natural SDG, S.A. as guarantor under the Programme hereby announces it has published its audited annual accounts for the year ended 31 December 2015 (the Annual Accounts).

The Annual Accounts, together with the audited report therein and the Directors' report for 2015 can be accessed via this hyperlink:

http://www.rns-pdf.londonstockexchange.com/rns/6218A_-2016-6-8.pdf