Court in Rotterdam Confirms NMA Fine

By Prne, Gaea News Network
Thursday, June 11, 2009

NIEUWEGEIN, The Netherlands - In the appeal procedure the court in Rotterdam has confirmed the fine of 7,9 million euros for Ballast Nedam as imposed by the NMA (Netherlands Competition Authority).

Subject of the appeal procedure was the amount of the fine for summary offences of the competition laws in the period 1998-2000. This fine had already been provided for the full amount in the annual accounts of Ballast Nedam and this court decision has no influence on the 2009 results.

Ballast Nedam considers opposing the decision of the Rotterdam Court with the “College van Beroep voor het bedrijfsleven” (Trade and Industry Appeals Tribunal).

PRN NLD

Source: Ballast Nedam NV

To the Editor: Further information: Ballast Nedam N.V., Adrie van Kessel, telephone
number +31(0)30-285-41-61

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