Appointments at BAM Vastgoed

Bunnik, Netherlands, 28 November 2005 – The Executive Board of Royal BAM Group nv has appointed R. Vollebregt (43) chairman of the management of BAM Vastgoed bv in Bunnik. Roel Vollebregt has been employed by BAM since 1999 and has been appointed director of BAM Vastgoed in 2004. He succeeds J.H.A. Vaags, who has expressed the wish to accept a position outside the Group as of 1 January 2006.

As of the same date P. Esveld (37) has been appointed director of BAM Vastgoed bv. Patrick Esveld has been employed by BAM since 1998 and is currently area director BAM Vastgoed Residential for the Mid-Eastern area of the Netherlands.

The statutory management of BAM Vastgoed will consist of R. Vollebregt (chairman), H. Bree and P. Esveld.

The appointments will be effective as soon as the employee councils of the operating companies concerned have given their advice.

Further information: Arno C. Pronk, + 31 (0)30 659 86 21.