Press release

Papendrecht, 20 March 2015

Royal Boskalis Westminster N.V. (Boskalis) has increased its holding in Fugro N.V. to 25.1%. Boskalis stresses that this is not a step towards making an offer. Boskalis views Fugro as an interesting company with strong market positions in its core activities.

The strategy of Boskalis is focused on offshore and (maritime) infrastructure, making use of the combination of high end know-how and maritime assets. This fits very well with the activities of Fugro. The two companies have a lot in common in the area of assets, knowledge, capital intensity, global coverage, client base and are both global leaders in niche markets.

 

FOR FURTHER INFORMATION

Investor relations:

Martijn L.D. Schuttevâer

ir@boskalis.com

Press:

Arno Schikker

press@boskalis.com

T +31 78 6969310

 

This is an English translation of the Dutch press release. In the event of any disparity between the Dutch original and this translation, the Dutch text will prevail.

Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with services including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the offshore energy sector including subsea, heavy transport, lifting and installation (through Boskalis, Dockwise and Fairmount) and towage and salvage (through SMIT). Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage, SAAM SMIT Towage and Smit Lamnalco). With a versatile fleet of 1,000 units Boskalis operates in around 75 countries across six continents. Excluding its share in partnerships, Boskalis has approximately 8,500 employees.

 

This press release can also be found on our website www.boskalis.com.

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