TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. INTRODUCTION
2.1 Definitions
2.2 Abbreviations
2.3 Market Positioning
2.4 Exchange Rates
2.5 Economy
2.6 Market Factors

3. MARKET SIZE AND TRENDS
3.1 Chapter Summary
3.2 Market Overview
3.3 Market Segmentation

4. HOUSE BUILDING
4.1 Chapter Summary
4.2 Market Overview
4.3 Market Segmentation
4.3.1 New Housing
4.3.2 Repair and Maintenance

5. NON-RESIDENTIAL CONSTRUCTION
5.1 Chapter Summary
5.2 Market Overview
5.3 Market Segmentation
5.3.1 Private Sector Non-Residential Construction
5.3.2 Public Sector Non-Residential Construction
5.3.3 Non-Residential Repair and Maintenance

6. CIVIL ENGINEERING
6.1 Chapter Summary
6.2 Market Overview
6.3 Market Segmentation
6.3.1 New Civil Engineering
6.3.2 Civil Engineering Repair and Maintenance

7. FORECAST
7.1 Chapter Summary
7.2 Market Overview
7.3 Market Segmentation
7.3.1 House Building
7.3.2 Non-Residential Construction
7.3.3 Civil Engineering

8. INDUSTRY STRUCTURE
8.1 Chapter Summary
8.2 European Overview

LIST OF TABLES

1: Exchange Rates, 2000-2004
2: Spanish Economic Indicators, 2000-2004
3: Total Construction Output in Spain, 2000-2004
4: Segmentation of the Spanish Construction Market, by Sector, 2000-2004
5: Proportional Importance of the Spanish Construction Market, by Sector, 2000-2004
6: Changes in the Spanish Construction Market, by Sector, 2000-2004
7: Spanish Housing Construction Output, 2000-2004
8: Value of Spanish New House Building Construction, 2000-2004
9: Construction of New Houses in Spain, by Country, 2000-2004
10: Housing Repair & Maintenance Output in Spain, 2000-2004
11: Age of Dwelling Stock in Spain, 2001
12: Non-Residential Construction Output in Spain, 2000-2004
13: Private Sector Non-Residential Construction Output in Spain, 2000-2004
14: Public Sector Non-Residential Construction Output in Spain, 2000-2004
15: Non-Residential Repair & Maintenance Output in Spain, 2000-2004
16: Civil Engineering Output in Spain, 2000-2004
17: New Civil Engineering Output in Spain, 2000-2004
18: Civil Engineering Repair & Maintenance Output in Spain, 2000-2004
19: Forecast Spanish Construction Output, 2005-2009
20: Forecast Segmentation of the Spanish Construction Market, by Sector, 2005-2009
21: Forecast Spanish Housing Construction Output, 2005-2009
22: Forecast Spanish New Housing Construction Output, 2005-2009
23: Forecast Spanish Housing Repair and Maintenance Output, 2005-2009
24: Forecast Spanish Non-Residential Construction Output, 2005-2009
25: Forecast Spanish Private Non-Residential Construction Output, 2005-2009
26: Forecast Spanish Public Non-Residential Construction Output, 2005-2009
27: Forecast Spanish Non-Residential Repair and Maintenance Output, 2005-2009
28: Forecast Civil Engineering Output in Spain, 2005-2009
29: Forecast Spanish New Civil Engineering Output, 2005-2009
30: Forecast Spanish Civil Engineering Repair & Maintenance Output, 2005-2009
31: Largest European Construction Contractors, by Turnover, 2003
32: Largest European Construction Contractors, by Value of New Contracts, 2003
33: Construction Employment in Spain, 2000-2004