Ballast Nedam - Appointment Member Supervisory Board

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Ballast Nedam NV

15 Mar, 2011, 06:30 GMT

NIEUWEGEIN, The Netherlands, March 15, 2011 /PRNewswire/ -- As a result of resignation of Mrs M.H. Schultz van Haegen - Maas Geesteranus as member of the Supervisory Board on 13 October 2010, the Supervisory Board announces it will be nominating the following candidate at the General Meeting of Shareholders on 19 May 2011.

Nomination of Mr J. Bout

To fill the vacant seat, the Supervisory Board is nominating Mr J. Bout (1946) as a new member of the Board.

Mr Bout held the position of Chairman of the Board of Directors of Royal Haskoning until January 2011.

He is a member of the Supervisory Board of Delta N.V, a company not noted on the Stock Exchange and is a member of the Board of Trustees of Deltares.

He also holds other positions such as Chairman of the Workgroup Economic Rebuilding Afghanistan, Chairman of the Board of Advisors of the Donders Institute, member of the Board of the Ubbo Emmius Fund and member of the Board of the Kasteel de Haar Foundation.

Draft agenda for the General Meeting of Shareholders The General Meeting of Shareholders of Ballast Nedam N.V. will be held on 19 May 2011. At the meeting, the voting on the resolutions for the above appointment will take place. The draft agenda and accompanying notes are available from today on Ballast Nedam's website (www.ballast-nedam.nl).

Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index.