ARCADIS (EURONEXT: ARCAD), a leading international consultancy, design,
engineering and management services company, today announced that The Jeddah
Economic Company (JEC) has appointed a joint venture between ARCADIS
subsidiary EC Harris and Mace to project manage the iconic Kingdom Tower
project in Jeddah, Saudi Arabia. Kingdom Tower will be the world's tallest
building, standing over 1km in height. This will be taller than the Burj
Khalifa in Dubai and four times the size of The Shard in London.

The partners of JEC are the Kingdom Holding Company with a stake of 33.35%,
SBG with a 16.63% stake, Abraar International Holding Company represented by
Mr Samaual Bakhsh, with a stake of 33.35%, and prominent Jeddah businessman Mr
Abdulrahman Hassan Sharbatly with a stake of 16.67%.

The EC Harris/Mace joint venture team will provide project, commercial and
design management for the US$1.2bn (£780m) Kingdom Tower development. With a
total construction area of over 500,000 square meters, the soaring Kingdom
Tower will be a mixed-use building featuring a five star luxury Four Seasons
hotel, Four Seasons serviced apartments, first class office space, luxury
condominiums and an observatory that will be higher than the world's current
highest observation deck. Construction work is due to start on site later this
year and is due for completion within 63 months.

Eng. Waleed Abdul Jaleel Batterjee, Chief Executive Officer of JEC said, "The
vision of constructing the tallest tower in the world in Jeddah belongs to HRH
Prince Al Waleed bin Talal. His vision is also that the project itself will
set the world's sights on our beloved Kingdom of Saudi Arabia and particularly
on Jeddah. Furthermore, the project will help create hundreds of jobs for our
Saudi countrymen." Batterjee added that JEC is also in final negotiationsfor
the appointment of a Quantity Surveyor consultancy which will also be a UK
based company.

Keith Brooks, Head of Property and Social Infrastructure at EC Harris said,
"We are delighted to be on the team to deliver this iconic project. The
Kingdom Tower is a landmark building that will clearly demonstrate Saudi
Arabia's ambitions to the world. We have a world class team in place and I am
confident that our integrated approach to project, design and construction
management will help deliver a safe and successful project."

Mark Reynolds, Chief Executive of Mace, said: "Kingdom Tower is a project of
international importance and immense ambition and we are delighted to be part
of the Joint Venture team tasked with its delivery. As the client's project
manager, I am confident we will deliver a development exemplary in innovation
and approach. We look forward to the realisation of HRH Prince Al-Waleed bin
Talal's vision which will secure international recognition for the Kingdom's
economic and cultural status."

Kingdom Tower will be the centre piece of JEC's US$20bn (£13bn) Kingdom City
development which will be located to the north of Jeddah, overlooking the Red
Sea. The Kingdom City will consist of over 5.3 million square meters of urban
development and it will include residential, commercial, hotel, offices,
retail, educational and commercial centres as well as inland water features.

An interdisciplinary team led by Adrian Smith + Gordon Gill Architecture
(AS+GG), based in Chicago, created the design of the Kingdom Tower. Adrian
Smith + Gordon Gill were appointed architects on Kingdom Tower in 2011. This
appointment has been followed by the appointment of DAR Al-Handasah as the
supervision consultant, Saudi Baeur as Pilling Contractor as well as Saudi
BinLaden Group (SBG) as the main contractor.

The EC Harris and Mace joint venture team combines the experience of EC Harris
and ARCADIS' Chicago based tall building experts, with international
consultancy and construction company Mace. Together they have extensive
experience delivering over 100 tall buildings around the globe including The
Shard in London and The Landmark in Abu Dhabi.

EC Harris and Mace are working together on a number of projects, including a
major programme of social infrastructure building projects for Qatar's Public
Works Authority Ashghal, Doha Festival City in Qatar, numerous retail and
hospitality projects in the UAE and several major residential developments in

Notes to editors. For further press information please contact:

Joost Slooten, ARCADIS: T:+31(0)202011083/ M:+31(0)627061880

Andy Rowlands, EC Harris, T: +44 (0) 207833 6662/ M: +44 (0) 7810 850 476

About EC Harris: EC Harris is a leading global built asset consultancy. As an
ARCADIS company, EC Harris has access to approximately 21,000 professionals
worldwide operating in over 70 countries, 300 offices and generating in excess
of €2.4billion in revenue. Working across a wide range of market sectors, EC
Harris helps clients create value from their investments in built assets. For
further information, contact

About Mace: Mace is an international consultancy and construction company
employing over 3,700 people, across five continents with a turnover of £1bn.
Mace's business is programme and project management, cost consultancy,
construction delivery and facilities management and is truly
multi-disciplinary with services spanning the entire property and
infrastructure lifecycle. Mace has three strategic sectors serving clients in
the private, public and infrastructure sectors and five strategic hubs in
Europe, Middle East & North Africa, the Americas, Asia Pacific and Sub-Sahara
Africa that service over 70 countries. For more information visit:

About ARCADIS: ARCADIS is a leading international company providing
consultancy, design, engineering and management services in infrastructure,
water, environment and buildings. We enhance mobility, sustainability and
quality of life by creating balance in the built and natural environment.
ARCADIS develops, designs, implements, maintains and operates projects for
companies and governments. With 21,000 people and €2.4 billion in revenues,
the company has an extensive international network supported by strong local
market positions. ARCADIS supports UN-HABITAT with knowledge andexpertise to
improve the quality of life in rapidly growing cities around the world. Please

About JEC: Jeddah Economic Company formed in 2009, the consortium company that
will be owning and developing Kingdom Tower (the tallest tower in the world
with a plus 1000 m height ) and Kingdom City ( an urban development of
500,000 sqm ) surrounding the tower. The partners of JEC are Kingdom Holding
Company, Mr. Samaual Bakhsh, Abraar, International Holding Company, prominent
Jeddah businessmen Mr. Abdulrahman Hassan Sharbatly and Saudi Bin Laden Group
(SBG). The capital of JEC is made up of SR8.8 billion in land value, assets
that are SR7.3 billion, plus SR1.5 billion in cash contributed by SBG.

For further press information please contact:
Kareem R. Itani | Director of Marketing & Sales
P.O. Box 459, Jeddah 21411, Kingdom of Saudi Arabia
Office: +9662 6991211 (Ext-666) | Fax: +9662 6991207
Cell: +966 (50) 3609 808 / 966 (54)91 66669
Twitter: @kingdomtower1

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Source: Arcadis N.V. via Thomson Reuters ONE
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