EANS-News: Strabag to build Thiba Dam in Kenya - ATTACHMENT

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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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* Contract value of € 72 million
* Dam to secure water supply

Contracts

Nairobi - STRABAG, the publicly listed technology group for construction
services, has been commissioned to build the Thiba Dam in Kenya, which will
help secure the year-round water supply for the country's agriculture. "The 40
m tall and 1 km long dam being built about 130 km northeast of the Kenyan
capital of Nairobi will create a reservoir that will allow a second harvest
every year in the surrounding cultivable area," explains Thomas Birtel, CEO of
STRABAG SE.

The contract value translates to the equivalent of approximately EUR 72 million
and also includes the connection to the existing road network as well as
facilities for water draw-off and safe floodwater drainage. The construction
for the project, being carried out largely through international financing, is
scheduled to last around 45 months. The contractual start of construction is
expected to take place in early October 2017 latest.

Further inquiry note:
STRABAG SE
Diana Neumüller-Klein

Head of Corporate Communications & Investor Relations

Tel:   +43 1 22422-1116 [email protected]

end of announcement euro adhoc
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Attachments with Announcement:

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http://resources.euroadhoc.com/documents/2246/5/10036104/1/STRABAG_Damm_Kenia_August2017_e.pdf

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

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE

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