EANS-News: Strabag to build rail tunnel in Canada - ATTACHMENT

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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Company Information

Toronto - STRABAG SE, the publicly listed European-based technology group for
construction services, has had an infrastructure contract in Toronto awarded to
its Canadian subsidiary. The scope of the work includes the construction of a
180 m long tunnel under Highway 401 to accommodate two tracks operated by
Ontario's public transport agency Metrolinx. The full investment volume amounts
to about EUR 77 million.

This design-build-finance contract will be executed under a 50:50 joint venture
with EllisDon Capital Inc., a PPP project specialist in the Canadian market. The
works are scheduled to last until mid-2021. "We have been operating in Canada
since 2005 and are looking forward to applying one of our core competencies -
tunnelling - to this PPP project," says Thomas Birtel, CEO of STRABAG SE.

Part of a large infrastructure programme
The tunnel is one part of a larger infrastructure programme in Canada, which
aims to improve regional rail service around the city of Toronto. The new tunnel
is rated for top speeds of 145 km/h for passenger trains and up to 56 km/h for
freight traffic.

Further inquiry note:
STRABAG SE
Diana Neumüller-Klein
Head of Corporate Communications
Tel: +43 1 22422-1116
diana.klein@strabag.com

end of announcement euro adhoc
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Attachments with Announcement:
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http://resources.euroadhoc.com/documents/2246/5/10096698/1/STRABAG_Toronto_Tunnel_Jan18_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

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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