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Empresas ICA, S.A.B. de C.V.: ICA's Board of Directors Ratifies Luis Zarate as the Company's Chief Executive Officer

MEXICO CITY, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Empresas ICA, S.AB. de C.V.
(BMV:ICA) (NYSE:ICA), the largest infrastructure and construction company in
Mexico, announced that its Board of Directors unanimously approved Luis
Zarate Rocha as ICA's new Chief Executive Officer. This action formalizes the
nomination of Mr. Zarate, which was announced last week.

Mr. Zarate will lead ICA's operations, while Deputy CEO Alfonso González
Migoya and Chief Restructuring Officer Guadalupe Phillips Margain will
concentrate on the restructuring of the Company.

Such forward-looking statements are subject to various risks and uncertainties
and may differ materially from actual results or events due to important
factors such as changes in general economic, business or political or other
conditions in Mexico, Latin America or elsewhere, changes in capital markets
in general that may affect policies or attitudes towards lending to Mexico or
Mexican companies, changes in tax and other laws affecting ICA's businesses,
increased costs, unanticipated increases in financing and other costs or the
inability to obtain additional debt or equity financing on attractive terms
and other factors set forth in ICA's most recent filing on Form 20-F and in
any filing or submission ICA has made with the SEC subsequent to its most
recent filing on Form 20-F. All forward-looking statements are based on
information available to ICA on the date hereof, and ICA assumes no
obligation to update such statements.

Empresas ICA, S.A.B. de C.V. is Mexico's largest infrastructure company. ICA
carries out large-scale civil and industrial construction projects and
operates a portfolio of long-term assets, including airports, toll roads,
water systems, and real estate. Founded in 1947, lCA is listed on the Mexican
and New York Stock exchanges. For more information, visit
For more information, please contact:
Gabriela Orozco

Christianne Ibánez
+(5255) 5272 9991 x 3012

Pablo Garcia
Chief Financial Officer

In the US:
Daniel Wilson, Zemi Communications
+(1212) 689 9560


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Empresas ICA, S.A.B. de C.V. via Globenewswire


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