BAM is informing investors about press release AM

Bunnik, Netherlands, 13 December 2006 – 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 De Wilgen Vastgoed. De Wilgen Vastgoed specialises in the development of real estate projects in inner-city areas in the Randstad conurbation in general and the province of Zuid-Holland in particular. De Wilgen Vastgoed, Rotterdam, has a development portfolio of around 2,000 houses and apartments and 50,000 m² of commercial property.