Cairo, Egypt / August 4, 2008, 10:00 AM BESIX Signs EUR 525 million Joint Venture BOOT Contract for a Wastewater Plant in Abu Dhabi Orascom Construction Industries (OCI) confirmed today that BESIX (50% owned by OCI) has been awarded in joint venture with VEOLIA Water, a BOOT contract (Build, Own, Operate, and Transfer) to finance, construct and operate two new wastewater treatment plants for the city of Abu Dhabi and Al Ain in the UAE. The contract has been signed with the Abu Dhabi Water and Electricity Authority (ADWEA) for a period of 25 years of which 2.5 years will be required for the construction of the Abu Dhabi and the Al Ain plants. BESIX will participate (33%) in the operation and maintenance of the plants, for a period of 22.5 years. The consolidated contract value is EUR 525 million of which BESIX has a 50% share. The wastewater plants have a capacity of 300,000 m3 and 130,000 m3 for Abu Dhabi and Al Ain respectively. The plants will provide complete treatment of the water, in conformity with the requirements of ADWEA, thus making it possible to use the water for irrigation and for the green zones in both cities. This project is the second BOOT contract for BESIX succeeding the concession signed with the Emirate of Ajman in February 2006 valued at EUR 429 million. About BESIX Group The BESIX Group is a multi-service group operating in the construction and real estate sectors. In construction, the Group specializes in buildings, infrastructure and environmental projects, industrial civil engineering, maritime and port works and real estate development. BESIX is the largest construction company in Belgium and is active on projects throughout Europe, northern and central Afrcia and the Middle East. The BESIX Group is based in Brussels and was founded in 1909. About OCI Construction Group The OCI Construction Group ranks among the top global contractors and operates under three distinct and separate brands. Orascom Construction targets large industrial and infrastructure projects principally in Egypt, North Africa and select markets in the Arab Gulf markets. The BESIX Group undertakes major commercial, Industrial and infrastructure projects throughout Europe and the Middle East. Contrack International pursues institutional projects in the Middle East and Central Asia. To complement the construction business, OCI also owns and operates National Steel Fabrication Company, the Middle East's largest manufacturer of fabricated steel products. OCI also has investments in manufacturers of glass curtain walling, paints and concrete pipes, and two facility management companies. For additional information contact: OCI Investor Relations Department: For additional information on OCI: Omar Darwazah Orascom Construction Industries (OCI) Email: omar.darwazah@orascomci.com Nile City Towers - South Tower 2005A Corniche El Nil Cairo, Egypt Ahmed Sultan Email: ahmed.sultan@orascomci.com Tel: +202 2461 1039/1036/0727/0914 www.orascomci.com Fax: +202 2461 9409 OCI stock symbols: OCIC.CA / ORCI EY / OCICqL / ORSD This information is provided by RNS The company news service from the London Stock Exchange END
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