Nov 30, 2017   SOURCE: BusinessWire

Graña y Montero Announces Its Full Cooperation with the Public Ministry Investigations

Graña y Montero S.A.A (NYSE:GRAM) (BVL:GRAMONC1) a leading Engineering and Construction company, expresses its full cooperation with the actions of the Office of the Prosecutor regarding investigations into the projects in which our company, along with other Peruvian companies, participated as a partner with the Brazilian company Odebrecht.

Graña y Montero welcomes any action by the Public Ministry aimed at clarifying the truth about the corrupt acts of Odebrecht and reiterates that the payment of bribes to officials or any other illegal activity is not part of the company's business policies and practices.

The Graña y Montero Board of Directors states categorically that it does not protect nor will protect any person who has been involved in acts of corruption. In that sense, the company is prepared to take the corresponding legal actions against any person, executive or former executive who with its irregular acts has caused damage to the company.

The search for truth is the best mechanism to safeguard the company and its workers, which is why we have presented and reiterated our total availability to collaborate with investigations up to three times, considering that transparency and integrity are the best assets of a company.