Today, the Board of Per Aarsleff A/S has discussed and approved the quarterly announcement for Q1 of the financial year 2007/2008. The quarterly announcement has not been audited or reviewed by the company's auditors. Q1 results: • The quarterly results came to DKK 92 million before tax and are significantly better than expected. • Consolidated revenue reached DKK 1,299 million. • Construction contributes a profit before interest at DKK 44 million. • Pipe Technologies contributes a profit before interest at DKK 25 million. • Piling contributes a profit before interest at DKK 28 million. Outlook for the financial year 2007/2008: • The outlook for 2007/2008 is for a profit before tax of DKK 190 million as previously announced to the Copenhagen Stock Exchange on 30 January 2008.