Following the press releases of 5 February 2002 and 6 March 2002, Grupo Dragados, S.A. ('Grupo Dragados') and Hollandsche Beton Groep nv ('HBG') jointly announce that Grupo Dragados will launch a recommended public offer in cash for all the outstanding ordinary shares in HBG (the 'Offer').
Not for release, publication or distribution, in whole or in part, in or into, the UK, the US, Canada, Australia or Japan.
Press release of Grupo Dragados and HBG
Madrid / Rijswijk, 15 March 2002
The Offer will be launched by the public announcement of the availability of an offer document dated 15 March 2002 relating to the Offer (the 'Offer Document') by advertisements in the Official Pricelist of the Euronext Amsterdam Stock Exchange dated 15 March 2002 and in one or more national Dutch newspapers of 16 March 2002.