Boskalis

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“Making the difference”Profile of Boskalis

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• Harbours and waterways

• Creation of land in sea

• Coastal and riverbank protection

....driven by long term economic growth

Strong focus on core dredging activities....

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Macro trends remain strong and global Impact of global trends on the dredging industry

Macro trends

Climate change

Growing energy consumption

Growing world trade

Population growth

PortDevelopment

Land reclamation and coastal protection

Oil & Gas

Strong impact Limited impact

Global energy consumption to increase by 50% by 2030

Ongoing need for investments in exploration, production and transport infrastructure

World Trade grows twice as fast as world GDP

Structural demand for marine infrastructure

World population to increase by 50% by 2050

Much of the growth will be in Asian coastal areas

Preventive coastal protection initiatives worldwide

Also driven by incidental weather problems

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A broad range of activities

Beach nourishment Protection

Cables & pipelines

Aggregate miningDikesNatureDepots

RehabilitationTunnels

PortsLand reclamationInfrastructure

Earth foundationsSoil preparationSoil improvementOverburden stripping

ConstructionShores

MaintenanceDeepening

A broad range of activities

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Broad market positioning with home markets and regional diversity

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0

500

1000

1500

2000

Low market activity

Growth through acquisition / rationalization

Market recovery

Growth through acquisition

Organic growth

Market growth

So far organic growth - investment program -

1985 1990 1995 2008

euro mln

Turnover

Strong growth in past decades

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Project overview – well diversified geographically and over market segments

Port developmentAccess Channels & Maintenance work

LNG & Oil terminalsPipeline work

Coastal protectionLand reclamation

Projects per January 2010

Only projects of > €10m

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Project overview – well diversified geographically and over market segments

Port developmentAccess Channels & Maintenance work

LNG & Oil terminalsPipeline work

Coastal protectionLand reclamation

Awarded contracts in 2009

Only projects of > €5m

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Equipment ListRoyal Boskalis Westminster nv

Board of Management

Corporate staff departmentsFinance & AdministrationCorporate Strategy & Business DevelopmentInvestor Relations & Corporate RelationsLegal AffairsQuality Assurance & SafetyInformation & Communications Technology

Operational staff departmentsInformation & Communications TechnologyPersonnel & OrganizationResearch & Development Dredging DepartmentCentral Plant Management

International Projects MarketArea West (North and South)Area MiddleArea EastArea Middle EastArea North Western EuropeArchirodon Group (40%)

Home MarketsThe NetherlandsUnited Kingdom

Germany Finland

MexicoNigeriaSweden

Specialist Niche MarketsOffshore services - Boskalis Offshore bvUnderwater rock fragmentation - Rock Fall

Company LtdEnvironmental activities- Boskalis Dolman bvDesign & engineering - Hydronamic bvHarbour & tug services - Lamnalco Ltd

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Making the difference

Focus on practical solutions that benefit customers

• Project design driven by customer needs

• Innovative engineering, fit for purpose solutions

• Strong issue management (environment, safety, risks, etc)

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Making the difference

Global player, local operator

• Decentral home markets and project organizations

• Central expertise, locally available

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Over 200 experts available in:• Dredging Department, with unique soil group

• Hydronamic Engineering Department

• Dredging Development Department

• Survey Department

• Plant Department

Supported by consultants & technical institutes

Central expertise, locally available

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A large, versatile fleet

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A large, versatile fleet

Queen of the Netherlands

35,500 m3

Gateway

12,000 m3

State of the art hoppers

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Phoenix - 15,800 kW Jokra - 5,100 kW

A wide variety of cutters

A large, versatile fleet

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Rocky – 1,525 kW

Extensive experience with backhoes

A large, versatile fleet

Colbart - 1,312 kW

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Khalifa Port, Abu Dhabi

Key Challenges:

1. Design, procurement and construction2. Extensive coral reef

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Maasvlakte 2, The Netherlands

Design, procurement and construction

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Key Challenge:

Engineering of dredging under complex environmental circumstances

Port Phillip, Melbourne Australia

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Partner in Project Development

Royal Boskalis Westminster