Cemex announces change to takeover bid for Trinidad Cement

• The new offer of TT$5.07 in cash per Trinidad Cement Limited share represents a 50% premium over the company's closing price on December 1, 2016.
• Shareholders will have the option to be paid for their TCL shares in TT$ or in U.S.$.
• Full acceptance of the offer in TT$ would result in a cash payment by Cemex (NYSE:CX) subsidiary Sierra Trading of approximately TT$672M ($101M).