GROUP HEADQUARTERS

CORPORATE COMMUNICATIONS

To the Editors

Dear Editor,

Please find the enclosed press release from our subsidiary Turner in the area of social and urban infrastructure.

Kind regards,

HOCHTIEF Corporate Communications

30/05/2014

HOCHTIEF Aktiengesellschaft Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNR. DE 1198 171 25, StNr. 5112/5710/0012, Vorsitzender des Aufsichtsrates: Thomas Eichelmann; Vorstand: Marcelino Fernández Verdes (Vorsitzender), Nikolaus Graf von Matuschka,

José Ignacio Legorburo Escobar, Peter Sassenfeldl

Contact:
Chris McFadden
212-229-6145

NE W S


Turner Construction Company Selected to Build $272 million Hilton Cleveland Downtown

Hotel will connect Cleveland Convention Center and Global Center for

Health Innovation

New York, NY. May 29, 2014 - Turner Construction Company is pleased to announce that construction is underway on the Hilton Cleveland Downtown. The 28- story hotel will be connected by underground passageways to the Cleveland Convention Center and the Global Center for Health Innovation. Turner, Ozanne Construction and Van Aukin Akins Architects have formed a joint venture to deliver the project using a design-build method.
The project is expected to employ 2,800 workers during construction and the project team has set aggressive residency goals, as well as minority- and women-owned business (MWBE) utilization goals to ensure a diverse, local workforce.
"We are excited to begin work with our partners on this iconic tower as it becomes part of the Cleveland skyline," said Martin Burgwinkle, project executive. He continued, "Like the Cleveland Convention Center and the Global Center for Health Innovation, the hotel will be another community success story for Cuyahoga County and downtown Cleveland, by again exceeding local inclusion goals and spurring further economic activity in the County and City."
The $272 million, 28-story hotel will have 600 guest rooms and will feature a rooftop bar. The hotel tower is positioned atop a four-story podium that houses ballrooms, meeting space, and retail space. It is scheduled to open in 2016.

About Turner Construction Company

Turner is a North America-based, international construction services company. Founded in 1902, Turner first made its mark on the industry pioneering the use of steel-reinforced concrete for general building, which enabled the company to deliver safer, stronger, and more efficient buildings to clients. The company continues to embrace emerging technologies and offers an increasingly diverse set of services. With an annual construction volume of $9 billion, Turner is the
largest builder in the United States, ranking first in the major market segments of the building construction field, including healthcare, education, sports, commercial, and green building. The firm is a subsidiary of HOCHTIEF, one of

the world's leading international construction service providers. For more
information please visit www.turnerconstruction.com.

About HOCHTIEF

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 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.
### Source: Turner Construction Company

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