Notified on 14 August 2008, this merger operation consists of the acquisition, by Iberia, Líneas Aéreas de España SA (henceforth "Iberia"), of exclusive control, in accordance with and for the purposes of Article 8 of Law No. 18/2003 of 11 June, of the undertaking resulting from the merger between Vueling Airlines SA (henceforth "Vueling") and Clickair SA (henceforth "Clickair").