Per Aarsleff A/S and the Dutch company Ballast Nedam Infra B.V. have signed a contract with the St. Maarten port authorities for execution of a new quay at a value of DKK 350 million. St. Maarten is a Caribbean island with an increasing number of cruise ships calling at the port. With the extension, the port increases its capacity from four to six ships per day and becomes able to receive some of the world's largest cruise ships. The work will be performed in an equally shared consortium and is scheduled for commencement at the turn of the year. The quay itself shall be finished in December 2008 and the terminal area four months later in April 2009. Aarsleff has previously cooperated with Ballast Nedam, e.g. on the West Bridge across the Great Belt and on the execution of marine works in connection with the construction of the Øresund Link. The outcome of the project will be included in the forecasted result for the financial year 2007/2008 which will be announced as usual in connection with the announcement of the annual results for the financial year 2006/2007. Further information: General Manager Ebbe Malte Iversen, Per Aarsleff A/S, tel. +45 8744 2222.