URBI ANNOUNCEMENT

Mexicali, Baja California, April 25th 2013.- Urbi, Desarrollos Urbanos, S.A.B de C.V. announces having knowledge that GE Capital has filed, before Mexican courts, several lawsuits against Urbi and certain of its subsidiaries, seeking payment of various amounts of approximately Ps. 99 million.

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Urbi Desarrollos Urbanos S.A.B. de C.V. (MSE: URBI*) is a leading company in innovation and sustainable development in the construction of communities in Mexico. Currently, Urbi is present in
39 cities, covering the main metropolitan areas and the most dynamic medium-size cities in the country. In more than 31 years of operations, Urbi has developed over 430,000 homes, and has always conducted its business with a strong emphasis on financial performance, making it one of the most profitable companies in the sector.

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This document contains forward-looking statements of the Company, including statements about its financial condition and of the Company's future results of operations, its strategy, plans, objectives and targets, and other data that is not historical information. Such forward-looking statements are based on assumptions, plans, intentions and expectations of the Company's management, and involve risks, uncertainties and other factors, known and unknown, some of which are beyond the control of the Company. Such statements should not be interpreted based on past trends and activities, as if they were to continue in the future. Forward-looking statements contained herein are
valid at the date of this document.

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