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Ballast Nedam Sells 80% of Equity Stake in A-Lanes A15 to DG Infra

December 20, 2012

NIEUWEGEIN, The Netherlands, December 20, 2012 /PRNewswire/ –

Ballast Nedam sold 80% of its 24% equity stake in A-Lanes A15 to DG Infra on 20
December 2012. The A-Lanes A15 consortium is performing the A15 Maasvlakte-Vaanplein
highway construction PPP project.

The transaction enables Ballast Nedam to free up capital for investment in new PPP
projects. Ballast Nedam will continue its operational involvement in the construction and
management phases of A15 Maasvlakte-Vaanplein, and will remain involved in the
administration and management of the project in the long term through a non-controlling
interest in the A-Lanes A15 consortium. The client has approved the transaction.

For DG Infra the investment is an excellent complement to its existing investment
portfolio, which focuses on infrastructure and related investments, both from an early
stage of development and operational projects.

As a result of this transaction, Ballast Nedam’s proportionately consolidated assets
will decline by approximately EUR 70 million. The remaining stake in the A-Lanes A15
consortium will be recognized at participation value and will no longer be proportionately
consolidated in Ballast Nedam’s statement of financial position.

The work on the A15 Maasvlakte-Vaanplein section is intended to improve traffic flow
and optimize safety. A total of 85 kms of traffic lanes will be added, and the Botlek
Bridge will be replaced with one that is wider and higher. A-Lanes A15 – a consortium of
Ballast Nedam, John Laing, Strabag and Strukton – is performing the work on behalf of
the Directorate-General for Public Works and Water Management. A15 Maasvlakte- Vaanplein
was procured as a DBFM contract (Design, Build, Finance & Maintain), and is one of the
largest contracts ever awarded by the Directorate-General for Public Works and Water
Management in a single tender.

DG lnfra, the manager of infrastructure funds sponsored by Gimv and Belfius, operates
two non-listed investment funds (DG Infra+ and DG Infra Yield), which focus on
infrastructure and related assets. These include public-private partnerships and other
investments in capital-intensive projects, often in regulated or long-term contract
activities in industries such as energy, transport, waste, communication, healthcare and
selected real estate projects. The funds managed by DG Infra jointly have 300 million
euros available for investment. Additional information about DG Infra can be found on

http://www.dginfra.com.

This transaction strengthens the existing collaboration with DG Infra, following a
similar transaction in September 2001 involving three operational Ballast Nedam PPP
projects. These projects included a participation in the Kromhout Barracks in Utrecht,
which houses the headquarters of the Royal Netherlands Army, and the DUO2 project, the new
office building for the Government Education Agency and the Dutch tax authority in
Groningen.

Ballast Nedam engages in integrated projects in The Netherlands in four areas of work:
housing, mobility, energy and nature. Within this area we focus on the niche markets:
industrial construction, offshore wind turbines, secondary raw materials and alternative
fuels. In a number of areas of expertise, we also operate internationally. The Ballast
Nedam share is included in the Amsterdam Small Cap Index (AScX) of NYSE Euronext.

Ballast Nedam’s approach is based on life cycle thinking and acting: we develop,
construct, manage and recycle. We are involved in long-term management, maintenance and
operation of projects and organize financial feasibility. Our supply and specialized
companies deliver competitive edge through innovation, cost leadership and purchasing
strength. Ballast Nedam’s range of services is shifting towards specific product-market
combinations with greater added value.

Ballast Nedam creates enduring quality combined with lower life cycle costs for its
customers and society. http://www.ballast-nedam.com

About DG Infra

DG Infra+ and DG Infra Yield are non-listed investment funds that focus on
infrastructure and related assets. This includes investments in Public Private Partnership
projects and other capital intensive projects often in regulated or long-term contract
activities in industries such as energy, transport, waste, communication, healthcare and
selected real estate projects. Together, DG Infra+ and DG Infra Yield have EUR 250 million
available for investments, and are managed by a joint venture between Dexia and Gimv. More
information on DG Infra can be found on http://www.dginfra.com.

PRN NLD

SOURCE Ballast Nedam NV


Source: PR Newswire