BAM is informing investors about press release AM

16 May 2007 12:05 - Royal BAM Group nv

Bunnik, Netherlands, 16 May 2007 – Royal BAM Group nv announces that AM nv (in which BAM holds an interest of  51%) has published a press release today, informing that AM expects to reach agreement on the acquisition of IPMMC Vastgoed in Utrecht.

For the complete press release BAM refers to www.am.nl.

As known, property developer AM operates independently and wit hits own identity at arm's length from BAM.

Royal BAM Group is expecting that the proposed acquisition will not materially affect the results of BAM.

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