Koninklijke Boskalis Westminster N.V. : Boskalis shareholders approve share issue

 Koninklijke Boskalis Westminster N.V. : Boskalis shareholders approve share
                                    issue

Papendrecht, 10 January 2013

After a presentation by Royal Boskalis Westminster N.V. (Boskalis) of the
offer for all the issued and outstanding shares of Dockwise Ltd., as initially
announced on 26 November 2012, Boskalis shareholders voted in favor of the
proposal to issue new shares. During the Extraordinary General Meeting (EGM)
of Boskalis held this morning, in which two-thirds of the issued share capital
was represented, more than 99% voted in favor of the share issue. The EGM
authorized the Board of Management to decide, during the period of 12 months
from 10 January 2013 and subject to the approval of the Supervisory Board, to
issue ordinary shares up to a maximum of 10 per cent of the number of ordinary
shares issued at present.

This issue of ordinary shares will be used to partly finance the offer for
Dockwise Ltd.

Background information:
Royal Boskalis Westminster N.V. is a leading global services provider
operating in the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round solutions to
infrastructural challenges in the maritime, coastal and delta regions of the
world with the construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition, Boskalis
offers a wide variety of marine services and contracting for the offshore
energy sector including subsea, transport and heavy lift (through Boskalis
Offshore) and towage and salvage (through SMIT). It also has strategic
partnerships in the Middle East (Archirodon) and in terminal services (Smit
Lamnalco). With a versatile fleet of over 1,100 units Boskalis operates in
around 75 countries across six continents. Including its share in
partnerships, Boskalis has approximately 14,000 employees.

This press release can also be found on our website www.boskalis.com.

FOR FURTHER INFORMATION

Investor Relations & Press:

Martijn L.D. Schuttevâer
ir@boskalis.com
T +31 78 6969310
F +31 78 6969020

PDF version of press release

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Source: Koninklijke Boskalis Westminster N.V. via Thomson Reuters ONE
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