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Strabag constructing Africa’s highest bridge

Published: September 5, 2017; 10:44 · (FriedlNews)

STRABAG SE, the publicly listed European-based technology group for construction services, has been awarded a bridge project in South Africa. The group's subsidiary STRABAG International GmbH has been hired by the South African National Roads Agency (SANRAL) to build a 1,132 m long bridge over the river Mtentu near the town of Flagstaff in the eastern part of the country.

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Company Information

Vienna/Port Elizabeth - STRABAG SE, the publicly listed European-based
technology group for construction services, has been awarded a bridge project
in South Africa. The group's subsidiary STRABAG International GmbH has been
hired by the South African National Roads Agency (SANRAL) to build a 1,132 m
long bridge over the river Mtentu near the town of Flagstaff in the eastern
part of the country. When it is completed, it will be Africa's highest bridge.
Construction is being carried out in a 50:50 joint venture with South African
construction company AVENG Grinaker-LTA. The contract has a total value of
1.634 billion South African Rand, which is approximately EUR 106 million. The
construction works are expected to last for 40 months.

"While our focus is clearly on the European market, we do occasionally execute
projects outside of Europe in which we can especially apply our technical know-
how. With this in mind, we look forward to realising Africa's highest bridge
together with a local partner," says Thomas Birtel, CEO of STRABAG SE. The
project will be executed using two bridge building methods. The northern and
southern portions of the bridge will be built using incremental launching, the
centre using the balanced cantilever method. The completed bridge will stand on
a total of 13 piers.

Further inquiry note:
STRABAG SE
Marianne Jakl
Corporate Communications
Tel: +43 1 22422-1174 marianne.jakl@strabag.com

end of announcement euro adhoc
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Attachments with Announcement:

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http://resources.euroadhoc.com/documents/2246/5/10050076/1/STRABAG_Südafrika_Sept17_e.pdf

issuer: STRABAG SE Donau-City-Straße 9 A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 - 1177
mail: investor.relations@strabag.com
WWW: www.strabag.com
ISIN: AT000000STR1, AT0000A05HY9
indexes: SATX, ATX, WBI
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/4106/aom

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