Ballast Nedam Completes Sale Kicking Horse Mountain Resort

NIEUWEGEIN, The Netherlands, December 29, 2011 /PRNewswire/ --

Number 2011.033 E

Ballast Nedam has obtained the regulatory approvals for the sale of the four-season recreation resort Kicking Horse Mountain Resort in Canada and has completed the transaction.

Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index. For more information please refer to http://www.ballast-nedam.com.

SOURCE Ballast Nedam NV

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