Authorisation of the Executive Board to issue shares

10 May 2005 17:12 - Royal BAM Group nv

Bunnik 10 May 2005 – The Annual General Meeting of Shareholders of Royal BAM Group which convened in Amsterdam on 9 May 2005 has approved agenda item 8 (Authorisation of the Executive Board to issue shares and grant rights to acquire shares and restrict or exclude pre-emptive rights), after adjusting the percentage.

In the proposal a percentage of 25 was mentioned. This has been adjusted to ten percent. Additionally, the Executive Board can issue up to ten percent in case of major acquisitions.

For further information: A.C. Pronk + 31 (0) 30 659 86 21.