Press Information

Joint venture led by Züblin and HOCHTIEF to build rail tunnel in Rastatt for EUR 312 million

Stuttgart/Essen, August 8, 2014. The joint venture led by Züblin and HOCHTIEF was commissioned by DB Netz AG to deliver the shell construction of the "Rastatt Tunnel". The tunnel project is part of planning approval section 1.2 of the new railway route between Karlsruhe and Basle. The contract volume amounts to approximately EUR 312 million.

"As a traditional company from the state of Baden-Württemberg, we are proud to play a major role as technical leader in another trail-blazing inner- city rail construction project," underlines Edgar Schömig, Director of

Ed. Züblin AG, in view of the new large contract.

"We are very pleased that, with this project, we will be building an important part of Deutsche Bahn AG's main north-south railway route. Our experts with their expertise in tunnel boring machines are thus once again involved in the upgrading of modern, sustainable transportation infrastructure in Germany," says Wilfried Rammler, General Manager of HOCHTIEF Infrastructure GmbH.

The core element of the project is the twin-tube rail tunnel which passes directly under the city area of Rastatt and will be bored mechanically with a so-called hydro shield tunnel boring machine over a length of around 3.8 kilometers. The contract also includes the trough sections to the south and north as well as a supply shaft and an operational building.

Work will start on the project in November 2014 and conclude in mid-2018.

Stuttgart-based Ed. Züblin AG has about 14,000 employees and, with an annual output of about € 3 billion, is one of Germany's leading construction companies. Since it was founded in 1898, Züblin has been successfully realising challenging construction projects in Germany and abroad and is the number one in the German building construction and civil engineering segment. The company's range of services comprises all construction-related tasks - from civil engineering, bridge building and tunnelling to complex turnkey construction to structural timber engineering and public-private partnerships. The company's current construction projects include the European Central Bank in Frankfurt, Milaneo in Stuttgart and the second section of the Jena University Hospital. More information is available at www.zueblin.de
HOCHTIEF is one of the most international construction groups worldwide. The company delivers complex infrastructure projects, in some cases on the basis of concession models. The Group operates in the transportation infrastructure, energy infrastructure and social/urban infrastructure segments as well as in the contract mining business. With nearly 81,000 employees and a sales volume of more than EUR 25 billion in FY 2013, HOCHTIEF is represented in all the world's major markets. With its subsidiary Leighton, the Group is market leader in Australia. In the USA, the biggest construction
market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure

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construction. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow
Jones Sustainability Indexes since 2006. Further information is available at www.hochtief.com/press .

HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group's Europe division. In many regions and segments, the company is a market and innovation leader. Further information is available at www.hochtief-solutions.com . HOCHTIEF Infrastructure delivers transportation and energy infrastructure projects in Europe and in selected regions worldwide. The subsidiary of HOCHTIEF Solutions offers services for all realization phases of bridges, roads, tunnels, harbors, rail links, airports and urban infrastructure through to facilities for the generation of conventional and renewable energy. In addition to office locations in Germany and Europe, the company has regional units in the Middle East, South Africa and Latin America. Further information is available at www.hochtief-infrastructure.com .

Contact:

Birgit Kümmel

Ed. Züblin AG

Corporate Communications Tel. +49 221 824 2472 presse@zueblin.de

Stefan Hannen HOCHTIEF Infrastructure Communications

Tel. +49 201 824-2960 stefan.hannen@hochtief.de

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