Koninklijke Boskalis Westminster N.V. : Boskalis successfully raises EUR 320 million through equity offering

 Koninklijke Boskalis Westminster N.V. : Boskalis successfully raises EUR 320
                       million through equity offering


Papendrecht, 11 January 2013

Royal Boskalis Westminster N.V. (Boskalis) has successfully raised EUR 320
million of equity at a price of EUR 33.00 per ordinary share. A total number
of 9,696,969 new ordinary shares (the Shares) were placed, 4,896,180 through
an accelerated bookbuild offering (the ABB Offering) and 4,800,789 through a
private placement (the Private Placement) with HAL Investments and Project
Holland Fund.

The net proceeds of the equity offering will be used to partly finance the
public offer for Dockwise Ltd. (see press releases 26 November 2012, 21
December 2012, 24 December 2012 and 8 January 2013).

Allocation of the Shares has taken place today, 11 January 2013. Settlement of
the ABB Offering and the Private Placement and the admittance of the Shares to
listing and trading on NYSE Euronext in Amsterdam is expected to take place on
16 January 2013.

After settlement of the ABB Offering and the Private Placement, Boskalis'
total number of outstanding shares will amount to 116,980,648 shares.

ABN AMRO and ING, are acting as Joint Global Coordinators and Joint
Bookrunners for the ABB Offering. Kempen & Co is acting as placing agent of
the Private Placement and advisor to Boskalis in the context of the Offering.

This announcement is made pursuant to Section 5:25i paragraph 2 of the Dutch
Financial Supervision Act.


Investor Relations & Press:
Martijn L.D. Schuttevâer

T +31 78 6969310
F +31 78 6969020

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.

Some of the statements contained in this release that are not historical facts
are statements of future expectations and other forward-looking statements
based on management's current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results, performance,
or events to differ materially from those in such statements. Such
forward-looking statements are subject to various risks and uncertainties,
which may cause actual results and performance of Boskalis business to differ
materially and adversely from the forward-looking statements. Certain such
forward looking statements can be identified by the use of forward-looking
terminology such as "believes", "may", "will", "should", "would be", "expects"
or "anticipates" or similar expressions, or the negative thereof, or other
variations thereof, or comparable terminology, or by discussions of strategy,
plans, or intentions. Should one or more of these risks or uncertainties
materialise, or should underlying assumptions prove incorrect, actual results
may vary materially from those described in this release as anticipated,
believed, or expected. Boskalis does not intend, and does not assume any
obligation, to update any industry information or forward-looking statements
set forth in this release to reflect subsequent events or circumstances,
except as required by law.

The Joint Bookrunners are acting exclusively for Boskalis and for no one else
in connection with the Offering and will not be responsible to anyone other
than Boskalis for providing the protections afforded to the customers of the
Joint Bookrunners or for providing advice in relation to the Offering or any
transaction or arrangement referred to herein. No prospectus has been or will
be published in connection with the Offering or the admission to listing and
trading of the Shares on Euronext Amsterdam by NYSE Euronext. The Offering is
subject to the placement agreement entered into between the Joint Bookrunners
and Boskalis becoming unconditional and to such agreement not being terminated
otherwise in accordance with its terms.

This press release is for information purposes only and is not intended to
constitute, and should not be construed as, an offer to sell or a solicitation
of any offer to buy Shares in the United States, Australia, Canada, Japan,
South Africa or in any other jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of such jurisdiction, and the
distribution of this communication in jurisdictions may be similarly
restricted. This press release should not be regarded as an opinion or
recommendation concerning the purchase or sale of Shares or other securities
issued by Boskalis. Persons into whose possession this communication comes
should inform themselves about and observe any such restrictions. Any failure
to comply with these restrictions may constitute a violation of the securities
laws of any such jurisdictions.

The Shares have not been and will not be registered under the US Securities
Act of 1933, as amended (the "US Securities Act") and may not be offered or
sold in the United States absent registration or an exemption from
registration. Boskalis does not intend to register any portion of the Offering
in the United States or to conduct a public offering of securities in the
United States. No money, securities or other consideration is being solicited
and, if sent in response to the information contained herein, will not be

In relation to each Member State of the European Economic Area which has
implemented the Prospectus Directive (as defined below) (each, a "Relevant
Member State"), with effect from and including the date on which the
Prospectus Directive is implemented in that Relevant Member State (the
"Relevant Implementation Date"), the Offering will not be made to the public
in that Relevant Member State, except, with effect from and including the
Relevant Implementation Date:

(i) to any legal entity which is a qualified investor as defined under the
Prospectus Directive;

(ii) at any time to fewer than 100, or if the Relevant Member State has
implemented the relevant provisions of the 2010 PD Amending Directive, 150,
natural or legal persons in the Relevant Member State (other than qualified
investors as defined in the Prospectus Directive); or

(iii) in any other circumstances falling within Article 3(2) of the Prospectus

provided that no such Offering shall result in a requirement for the
publication by Boskalis or any Joint Bookrunner of a prospectus pursuant to
Article 3 of the Prospectus Directive

For the purposes of this provision and when used elsewhere in this
announcement, the expression an "offer of Shares to the public" in relation to
any Shares in any Relevant Member State means the communication in any form
and by any means of sufficient information on the terms of the offer and the
Shares to be offered so as to enable an investor to decide to purchase or
subscribe for the Shares, as the same may be varied in that Member State by
any measure implementing the Prospectus Directive in that Member State and the
expression "Prospectus Directive" when used in this announcement means
Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending
Directive, to the extent implemented in the Relevant Member State) and
includes any relevant implementing measure in each Relevant Member State and
the expression 2010 PD Amending Directive means Directive 2010/73/EU.

This document is only being distributed to and is only directed at: (i)
persons who are outside the United Kingdom to whom it may lawfully be
distributed; or (ii) to investment professionals falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the "Order"); or (iii) high net worth entities, and other persons to
whom it may lawfully be communicated, falling within Article 49(2)(a) to (d)
of the Order (all such persons together being referred to as "Relevant
Persons"). The Shares are only available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire the Shares will be
engaged in only with, Relevant Persons. Any person who is not a Relevant
Person should not act or rely on this document or any of its contents.
pdf version press release


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(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

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