Press release

Papendrecht, 24 February 2016

Royal Boskalis Westminster N.V. (Boskalis) announces that the Hollands Noorderkwartier district water board has awarded the contract to reinforce the Wadden Sea dike on the Dutch island of Texel to "Combinatie Tessel", a consortium consisting of Boskalis and KWS, a VolkerWessels company. The contract carries a value of EUR 70 million, of which Boskalis' share is EUR 50 million.

Large parts of the Wadden Sea dike on Texel currently do not meet legal safety requirements. The flood defences need to be reinforced to meet these requirements in the future.

The project involves the design and construction of the reinforcement of 14 kilometres of Wadden Sea dike and the construction of a number of new structures, including three pumping stations. The operations will be carried out from 2016 to 2020.

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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