BAM: no financial implications for repair work on Rotterdam-Noord tunnel

Bunnik, Netherlands, 5 October 2006 – Royal BAM Group nv will shortly be repairing frost damage to part of a diaphragm wall in an open tunnel section in substructure cluster 3 of the HSL-Zuid route. How and when the repair work will be carried out has been decided in close consultation between the client and the building consortium. The cost of this work had already been anticipated by the joint venture, in which BAM has an interest of about eighty percent. The repair work will therefore not affect the previously issued profit forecast for 2006.