Announcement new dividend rates cumulative preference shares BAM

Bunnik, The Netherlands, 4 January 2011 - Royal BAM Group nv announces that the dividend rates of the convertible cumulative preference shares (series FP4, subset 1, ISIN code NL0000337335 and symbol BAMCP) and the non-convertible cumulative preference shares (series FP4, subset 2; ISIN code NL0000337327 and symbol BAMNCP) as of 1 January 2011 for a period of eight years in accordance with the articles of association, will be respectively 7.95 percent and 7.90 percent per preferred share.