BAM anticipates listing on Amsterdam options exchange

4 May 2006 10:00 - Royal BAM Group nv

Bunnik, Netherlands, 4 May 2006 - During the general meeting of shareholders of Royal BAM Group nv held in Amsterdam on 3 May 2006, the Executive Board announced that the Amsterdam options exchange Euronext.liffe intends to list options on Royal BAM Group nv shares. It is expected that the new options will be launched at 20 June 2006. The ticker symbol will be BAM. Euronext.liffe is the derivatives business of Euronext.

The above meeting also set the dividend for the financial year 2005 at € 2.00 in cash per ordinary share of nominal value € 0.50.

The general meeting of shareholders also approved a resolution to amend the company’s Articles of Association. These amendments are due to come into force on 11 May 2006 and among other things will mean that Royal BAM Group nv ordinary shares will be split such that five new ordinary shares each of nominal value € 0.10 shall be received for each ordinary share of nominal value € 0.50. In the same way, Royal BAM Group nv’s convertible and non-convertible preference shares will be split such that five new preference shares each of nominal value € 0.10 shall be received for each preference share of nominal value € 0.50.

Furthermore, the general meeting of shareholders approved the reappointment of R.J.N. Abrahamsen and the appointment of W. van Vonno to the Supervisory Board. This means the members of the Supervisory Board are: G-J. Kramer (chairman), W.K. Wiechers (vice chairman), R.J.N. Abrahamsen, A. Baar, J.A. Dekker, H. van Rompuy and W. van Vonno.

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