Ballast Nedam Receives Bid from REMEX for
Subsidiary Feniks Recycling

REMEX Mineralstoff has put in a non-binding bid to acquire Feniks Recycling. This
Ballast Nedam subsidiary operates in the niche market of secondary raw materials. Ballast
Nedam is giving the bid due consideration and allows a due-diligence study.

    In the Netherlands, Feniks Recycling has a prominent position in the processing and
marketing of bottom ash. The company designs, builds, operates and manages installations
for dry reprocessing techniques for converting the bottom ash from waste-fired power
plants into usable materials.

    In the UK, Feniks Recycling, which is incorporated under the name Ballast Nedam
Phoenix Ltd, is the leader in the construction and operation of facilities for processing
secondary raw materials, as well as the number-one producer of those materials.

    Ballast Nedam engages in integrated projects in The Netherlands in four areas of work:
housing, mobility, energy and nature. Within this area we focus on the niche markets:
industrial construction, offshore wind turbines, secondary raw materials and alternative
fuels. In a number of areas of expertise, we also operate internationally. The Ballast
Nedam share is included in the Amsterdam Small Cap Index (AScX) of NYSE Euronext.

    Ballast Nedam's approach is based on life cycle thinking and acting: we develop,
construct, manage and recycle. We are involved in long-term management, maintenance and
operation of projects and organize financial feasibility. Our supply and specialized
companies deliver competitive edge through innovation, cost leadership and purchasing
strength. Ballast Nedam's range of services is shifting towards modular products and
specific product-market combinations with greater added value.

    Ballast Nedam creates enduring quality combined with lower life cycle costs for its
customers and society. http://www.ballast-nedam.com



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