Ms M.H. Schultz van Haegen Steps Down as Supervisory Director of Ballast Nedam

Oct 13, 2010, 01:30 ET from Ballast Nedam NV

NIEUWEGEIN, The Netherlands, October 13, 2010 /PRNewswire-FirstCall/ -- Ms M.H. Schultz van Haegen-Maas Geesteranus has been nominated for appointment as Minister for Infrastructure and Environment.

In view of this nomination, Ms M.H. Schultz van Haegen has decided to step down as a member of the Supervisory Board of Ballast Nedam N.V., with immediate effect.

Ms Schultz van Haegen was appointed to the Supervisory Board of Ballast Nedam in 2009. Given her experience in both the public and private sectors, she was an excellent match for the profile that had been drawn up by the Supervisory Board. It is with sadness that Ballast Nedam has accepted Ms Schultz van Haegen's resignation. Nevertheless, the company understands and appreciates her decision to accept the appointment to this important position.

The Supervisory Board is considering how best to fill the vacancy that has arisen.

SOURCE Ballast Nedam NV