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2016-02-10

Heijmans NV: Financial Close Project 'Construction 3rd Lock Chamber Princess Beatrix Lock and Widening Lek Canal'

Sas van Vreeswijk (SPC, project company) achieved the Financial Close of the
PPS project 'Construction 3rd lock chamber Princess Beatrix Lock and widening
Lek Canal'. Sas van Vreeswijk consists of TDP NV (in partnership with two
investment companies, TINC and DG Infra Yield), BESIX Group NV, RebelValley
B.V., Heijmans Nederland B.V. and Jan De Nul NV. The financial close is a key
milestone for this project with a net cash value of approximately € 133
million.

The shareholder capital is supplemented with loan capital from BNG Bank,
DekaBank and KBC Bank. BNG Bank also serves as the agent of the financiers.
On 15 January 2016, the DBFM contract was signed by Rijkswaterstaat (the
Directorate-General of Public Works and Water Management) and Sas van
Vreeswijk.

Works Completed by 2019
Rijkswaterstaat wants to improve passage through the Lek Canal near Nieuwegein
and reduce waiting times at the Beatrix Lock for inland waterway vessels. The
project includes the construction of a third lock chamber, the renovation of
the existing two lock chambers, the widening of the Lek Canal and the
construction of lock approaches and berths in the canal. The Lek Canal, which
incorporates the Princess Beatrix Lock, connects the Amsterdam Rhine Canal to
the Lek River, and is an important waterway between the ports of Rotterdam
and Amsterdam. The construction works are expected to be completed by 2019,
which is when the 27-year maintenance period will become effective.

Sas van Vreeswijk
The project company selected the name Sas van Vreeswijk to highlight the
historical connection between locks, skippers and local residents. After all,
the village of Vreeswijk arose by virtue of the locks. This is where River
Vaartse Rijn joins the Lek River. In the old days, it connected the city of
Utrecht to the Lek River. In the late 19th century, the Queen's Locks were
constructed, followed by the Beatrix Lock in 1938. This historically
intertwined the village of Vreeswijk with shipping and the locks. Sas is a
playful reference to the Belgian share in the consortium: 'sas' is a Flemish
term referring to locks or lock chambers.

About Heijmans
Heijmans is a listed company that combines activities related to property
development, residential building, non-residential building, roads and civil
engineering in the working areas living, working and connecting. Heijmans is
active in the Netherlands, Belgium and Germany and as a technology partners
delivers know-how and concepts in various markets. Our constant focus on
quality improvements, innovation and integrated solutions enables us to
generate added value for our clients. Heijmans realises projects for private
consumers, companies and public sector bodies.
With approximately 6,800 employees and revenues of more than € 900 million in
the first half of 2015, we are building the spatial contours of tomorrow. You
will find additional information onwww.heijmans.nl

Please find more information about the project 'Construction 3rd lock chamber
Princess Beatrix Lock and widening Lek Canal'
on:www.rws.nl/3ekolkbeatrixsluisorwww.prinsesbeatrixsluis.nl.

For additional information/not for publication:

Media
Rik Hammer
+31 73 543 52 17
rhammer@heijmans.nl

Analysts
Guido Peters
+31 73 543 52 17
gpeters@heijmans.nl

Press Release
http://hugin.info/130707/R/1985255/728010.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Heijmans NV via Globenewswire

HUG#1985255

Författare WKR

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