Press information

HOCHTIEF sells Offshore Assets to

Belgian marine contractor GeoSea

■ Further streamlining of HOCHTIEF Europe

■ GeoSea a leading marine engineering company

■ Book gain generated on divestment

HOCHTIEF is selling its offshore assets to marine contractor and long-term partner GeoSea, a subsidiary of the DEME group. The Belgian company, which has decades of success in marine engineering, is acquiring all of HOCHTIEF's jack-up vessels and work pontoons, including full ownership of the heavy-lift jack-up vessel 'Innovation', one of the largest
jack-up vessels in the marine construction industry.
The transaction will lead to a positive book gain for HOCHTIEF.
Marcelino Fernández Verdes, CEO of HOCHTIEF: "In recent years, we have developed into a leading provider in the offshore wind market in Germany. However, the company's focus has recently been shifted. GeoSea operates in various offshore segments and will use our resources and our know-how for further growth."
The sale is subject to certain customary conditions including regulatory approvals.

CORPORATE COMMUNICATIONS

Dr. Bernd Pütter

Opernplatz 2

45128 Essen, Germany

Tel.: +49 201 824-2610

Fax: +49 201 824-2585 bernd.puetter@hochtief.de

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10/16/2014

HOCHTIEF Aktiengesellschaft , Sitz der Gesellschaft: Essen, Registergericht: Essen HRB 279, USt-IdNR. DE 1198 171 25, StNr. 5112/5710/0012, Vorsitzender des Aufsichtsrates: Pedro López Jiménez; Vorstand: Marcelino Fernández Verdes (Vorsitzender), Nikolaus Graf von Matuschka , José Ignacio Legorburo Escobar, Peter Sassenfeld

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