Van Oord Dredging and Marine Contractors bv Schaardijk 211 3063 NH Rotterdam PRESS RELEASE PO Box 8574 3009 AN Rotterdam The Netherlands Van Oord signs EUR 300 million contract for T +31 88 8260000 Fehmarnbelt project F +31 88 8265010 E [email protected] I www.vanoord.com Page 1 of 2 Rotterdam, The Netherlands, 30 May 2016 - Today, Femern A/S, a subsidiary of the Danish state-owned Sund & Bælt Holding A/S, and the Fehmarn Belt Contractors joint venture, consisting of Van Oord and Boskalis, signed the previously announced contract related to the construction of the Fehmarnbelt Fixed Link. Van Oord’s share of the contract is approximately EUR 300 million. The contract is conditional to obtaining the outstanding environmental permits that have yet to be issued by the German authorities. The Fehmarnbelt Fixed Link will connect Denmark and Germany and will be the world's longest immersed road and rail tunnel with a length of more than 18 kilometres. The activity scope for Van Oord together with Boskalis includes the dredging of a tunnel trench in the seabed over a distance of 16 kilometres. The dredged material will be reused to create a new recreational nature reserve area on the Danish side of the Fehmarnbelt. The joint venture will also construct a new working harbour where the tunnel contractors will construct a tunnel fabrication yard where the tunnel sections will be cast before being floated out to sea for installation. About Van Oord Van Oord is a leading international contractor specialising in dredging, marine engineering and offshore projects (oil, gas and wind). Its head office is located in Rotterdam, the Netherlands. The company’s expertise ranges from design to execution and it has been involved in such noteworthy projects as the second Suez Canal, the port of Rotterdam’s Maasvlakte 2 expansion, trench dredging and backfilling of pipelines worldwide, and the construction of several offshore wind farms in the North Sea. Van Oord is an independent family business and employs about 5,000 professionals worldwide. Its modern fleet consists of more than a hundred vessels and other specialised equipment. Van Oord Dredging and Marine Contractors bv Page 2 of 2 More information Please contact Mr Robert de Bruin, Head Corporate Communication & Markets, T +31 88 8268234, M +31 6 53440890, E [email protected]. This press release is available on www.vanoord.com. .