Heijmans realises profit in difficult market

Dividend resumed ·         2010 net result of € 16 million (2009: € 40 million loss), 2nd halfyear net result x of € 12 million compared to € 3 million in the 2nd half of 2009; ·         Operating result from continued operations 2nd half € 36 million, mainly due to good results from Infrastructure; ·         Autonomous revenue decline levelled off from 14% in the first half of the year to 9% in 2nd half of 2010; ·         Total number of houses sold in the Netherlands increased to 1,505 in 2010 (2009: 1,283); ·         Solvency improved to 33% (2009: 27%); ·         Order book at the end of 2010 at € 2,188 million (vs. € 2,314 million at the end of 2009); and ·         Proposed dividend for 2010 is € 0.35 per share payable in either cash or shares. () Gerrit Witzel, Chairman of the Heijmans Executive Board: 'Despite a declining market and nearly three months of frost in the past year, we have performed well. After completing the restructuring we now work more efficiently, with much better internal cooperation, and a good response to the market demand for price and quality. With the disposal of Leadbitter in the UK and a number of Belgian property development projects, the major divestment goals have been achieved. In 2011, we will continue to focus on sustainability, quality and profitability. We aim to have a leading position in these fields.' About Heijmans Heijmans is a listed company that combines operations in property development, residential building, non-residential building, installation engineering and infrastructure. Heijmans operates in the Netherlands, Belgium, and Germany. We create added value for our customers by focusing on quality improvement, integrated projects, sustainability and profitability. Heijmans realises projects for home buyers, companies and government authorities. With approximately 8,200 employees and revenue of € 2.7 billion in 2010, we are building the spatial contours of tomorrow. For more information, please see www.heijmans.nl. For more information: Press: Lonneke Wijnhoven +31 73 543 52 17 lwijnhoven@heijmans.nl Analysts: Frank Heerens +31 73 543 52 17 fheerens@heijmans.nl The Executive Board will explain the published results for 2010 during a press conference and analysts meeting today, 2 March 2011. The Analysts Meeting starts at 12:30 p.m. and can be followed live via an audio webcast at www.heijmans.nl. This press has also been issued in Dutch. In the event of any discrepancies between the original Dutch press release and this English translation, the Dutch version prevails. Full press release: http://hugin.info/130707/R/1493679/429452.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Heijmans NV via Thomson Reuters ONE [HUG#1493679]