In compliance with Article 539.2 of the Low of Corporations and last paragraph of section 262.1, the company publishes on its website the average payment period to suppliers for the year 2014. In paragraph 2.3 "average payment period to Suppliers" of the Management Report accompanying individual and consolidated financial statements of Grupo Empresarial San Jose SA the following information is included:
I.- That the APPS of Grupo to pay the suppliers during 2014 is approximately 62 days.
II.- Over 2 days exceeding the maximun APPS legally established in the law 15/2010, and their corresponding updates and changes.
III.- Which the Grupo intends to proceed with the reduction of the excess and therefore to the adequacy of the maximun APPS prescribed by law, introducing appropriates improvements in its process management and payment to suppliers.