Investigation Public Prosecutor's Office

Jun 07, 2012, 01:30 ET from Ballast Nedam NV

NIEUWEGEIN, The Netherlands, June 7, 2012 /PRNewswire/ --

The Dutch Public Prosecutor's Office and the Fiscal Information and Investigation Service (FIOD) are conducting a criminal investigation against Ballast Nedam as a suspect related to payments to foreign agents in the period of 1996 - 2004.

Ballast Nedam has brought this matter to the attention of the Public Prosecutor's Office in January 2011.

As stated in the press release of 21 January 2011 Ballast Nedam is fully cooperating with the investigation and will await the results of the investigation.

Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index.

SOURCE Ballast Nedam NV