Koninklijke Boskalis Westminster Nv
P.O. Box 43, 3350 AA Papendrecht, The Netherlands Telephone +31 78 6969 000, telefax +31 78 6969 555 Press release NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA OR AUSTRALIA Boskalis successfully raises EUR 230 million through equity offering Papendrecht, 10 December 2009 Royal Boskalis Westminster N.V. (Boskalis) has successfully raised EUR 230 million of equity. A total number of 9,019,606 new ordinary shares (the Shares) were placed, 4,913,568 through an accelerated bookbuild offering (the Offering) and 4,106,038 through a private placement (the Private Placement) with Boskalis’ large shareholders HAL Investments and Delta Lloyd Group. The Shares have been placed at a price of EUR 25.50 per share. The proceeds of the equity offering will be used to partly finance the intended public offer for Smit Internationale N.V. (see press releases 12 November and 7 December 2009). Allocation of the Shares has taken place today, 10 December 2009. The payment for and issue and delivery of the Shares is expected to take place on 15 December 2009. The Shares to be issued in the Offering are expected to be admitted to listing on Euronext Amsterdam by NYSE Euronext on 15 December 2009. It is expected that the Shares to be issued to HAL Investments and Delta Lloyd will be admitted to listing on Euronext Amsterdam by NYSE Euronext within a 90 day period from their issuance. After settlement of the Offering and the Private Placement, Boskalis’ total number of outstanding shares will consist of 98,651,289 shares.
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