- One-off voluntary deposit of approximately 30 million
- No additional future obligations for further deposits
- No reduction in pension entitlements as from 1 January 2011
- Deposit has no impact on Boskalis' earnings
"Boskalis is a company that traditionally values the welfare of its employees. It would be unacceptable for us to leave our new colleagues and SMIT pensioners out in the cold, in our centenary year in which we will be reporting a record profit. I think that this proposal offers a fine solution which will enable us to leave the past behind us. We prefer to look ahead with this wonderful maritime company we form together." This deposit has no impact on the 2010 full-year profit forecast of at least 290 million
announced earlier today. This is an English translation of the Dutch press release. In the event of any disparity between the Dutch original and this translation, the Dutch text will prevail. Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. We provide creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. We offer a wide variety of marine services through SMIT and we have positions in strategic partnerships in the Middle East (Archirodon) and in offshore services (Lamnalco). The company holds important home market positions in and outside of Europe. Boskalis has a versatile fleet of over 1,000 units and operates in over 65 countries across six continents. Including its share in partnerships, Boskalis has approximately 14,000 employees. Boskalis celebrates its 100th anniversary in 2010. For further information please contact: Martijn L.D. Schuttevâer
Director of Investor Relations & Corporate Communications
Telephone: +31 78 69 69 822 / +31 6 200 10 232
Telefax: +31 78 69 69 020
E-mail: firstname.lastname@example.org This press release can also be found on our website www.boskalis.com
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