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Press Release

Züblin and HOCHTIEF commissioned to build the Cherbourger Straße harbour tunnel in Bremerhaven

The contract value for the road tunnel is € 122 million (net)

Stuttgart/Essen, September 11, 2014. BIS Bremerhavener Gesellschaft für Investitionsförderung und Stadtentwicklung mbH has commissioned a joint venture (JV), consisting of Ed. Züblin AG (technical leader/JV share 37 %), HOCHTIEF Solutions AG (commercial leader/JV share 33 %) and Züblin Spezialtiefbau GmbH (JV share 30 %), to build the Cherbourger Straße harbour tunnel in Bremerhaven.

The tunnel is to run from East to West and will be located south of Cherbourger Straße. It will serve as an efficient road link, connecting the international port and business parks located close to the port with the superhighway A27. The order volume of around € 122 million (net) includes the construction of the two-lane road tunnel, using an open cut construction method, and shall also include all entrance and exit ramps, two operation buildings and ten escape staircases. The JV will also be responsible for most

of the construction planning. The structure will be 1,195 m long and will consist of a tunnel tube with two-way traffic, and at the eastern end it will divide into

two separate tubes where the respective traffic flows are in one direction. The total length will be 1,848 m (North side) and 1,659 m (South side).

The construction planning is already in full progress, and the building of the complex membrane wall construction pit with underwater concrete floor will already commence this year. The tunnel is scheduled to be completely built by the end of June 2018, and it will considerably reduce the traffic volume around Cherbourger Straße.

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

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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 http://www.hochtief-solutions.com/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 http://www.hochtief-infrastructure.com/www.hochtief-infrastructure.com.

Contact:

Birgit Kümmel

Ed. Züblin AG

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

Stefan Hannen HOCHTIEF Infrastructure Communications

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

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