Press release Ackermans & van Haaren NV Embargo until March 1

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(1)Press release Ackermans & van Haaren NV Embargo until March 1st 2007 – 8 a.m. Begijnenvest 113 – 2000 Antwerpen Tel.: 00-32-(0)3.231.87.70 - Fax 00-32-(0)3.225.25.33. www.avh.be. ACKERMANS & VAN HAAREN ACQUIRES A 20%-STAKE IN THE FRENCH GROUP ‘FINANCIERE DUVAL’. Ackermans & van Haaren (AvH) has acquired a 20%-stake in Groupe Financière Duval (GFD), mainly through a capital increase. Attached to the new shares are warrants permitting AvH to increase its participation to 30%. GFD, with headquarters in Boulogne-Billancourt, was founded in 1978 by Mr Eric Duval. Created around project development activities (originally named ‘Maisons de Bretagne’), the group Financière Duval nowadays has, through different majority participations, developed in the field of real estate and residential property (tourism and elderly homes). The strategy of Group Financière Duval is based on the synergies between the different activities and geographic proximity. Group Financière Duval concentrates on services related to real estate, but never positions itself as an end-investor of the projects that are realised or real estate that is being managed.. 2.. RESIDALYA (Financière Duval: 70%), founded at the end of 2004, develops and manages service flats or elderly and nursing homes. Résidalya, which currently manages 603 beds, divided over 8 residences, has a growth ambition of 300 to 500 beds a year. Sector “Project development” C.F.A. (Compagnie Financière des Alizés, of whom Financière Duval owns 72.5%) is a well regarded project developer in business property: city development activities, commercial centres and business parks, office buildings and Public Private Partnerships. The strength of CFA exists primarily in the decentralised structure with 7 regional branches all over France. The branch manager himself is a minority shareholder of their structure. In 2006 the CFA group realised a turnover (applying percentage of completion accounting method) of 61 million euros and has an important order portfolio which should allow to realise a turnover of more than 120 million euros in 2007. To support the real estate project activities, the group has developed competences in the field of project management (ALAMO), and also in turn key projects (MCG). Group Financière Duval has the intention to expand its activities in Spain together with a local partner.. WorldReginfo - 67acf870-91ed-44d0-87db-49027f164175. The group is active in 3 sectors: 1. Sector “Residences” ODALYS Group (Financière Duval: 50.1%) manages and commercializes hotel residences and vacation parks. With almost 72.000 beds, divided over 191 residences and a turnover of 101 million euros in 2006 (92 million euros in 2005) Odalys Group positions itself as 2nd largest manager of holiday residences in France. Recently 2 new labels were launched: VITALYS, for vacation parks with campers or chalets, CASTELYS, for the management of holiday residences in classified castles..

(2) Ackermans & van Haaren NV Press release – embargo until March 1st 2007 – 8 a.m. 3.. Sector Services The sector “Services” concentrates around IRIMMO, a company active in property management. Thanks to the acquisition of Asset & Property Management (APM) in 2006, IRIMMO (Financière Duval: 61,35%) manages today approximately 3.000.000 m² of office buildings, warehouses or logistic buildings in France, allowing to realise approximately 9 million euros of revenues, which makes IRIMMO one of the leaders on the french market of professional real estate (offices and logistics). Via Park Alizés, the group manages 4 parkings in Paris.. In 2005 Group Financière Duval realised a turnover of 173.6 million euros for an operational result of 13 million euros and a net result of 6.3 million euros (part group: 2.9 million euros). Supported by the growth in the development activities, the 2006 turnover will amount to over 250 million euros. The AvH stake mainly consists of a capital increase to strengthen the equity of the group supporting its expansion and some new initiatives. The initial investment by AvH represents a maximum amount of 20 million euros. AvH has warrants permitting to increase its participation to 30%, based on the results of 2007/2008. The shareholding structure of Group Financière Duval is divided between the Duval family (56.7%), Mr Michel Fortin (14.5%), Tocqueville Finance (8%) and AvH (20.8%). AvH wishes to become a long-term partner next to the Duval family and its partners, and to support the group in further developing its core activities and in investing in new niches around the real estate sector.. All press releases issued by AvH and its most important group companies as well as the ‘Investor Presentation’ can also be consulted on the AvH website: www.avh.be. Antwerp, March 1st 2007. For further information please contact: Luc Bertrand CEO - Chairman of the Executive Committee Ackermans & van Haaren tel: +32.3.231.87.70 e-mail : dirsec@avh.be Jan Suykens Member of the Executive Committee Ackermans & van Haaren tel: +32.3.231.87.70 e-mail : dirsec@avh.be. 2/2. WorldReginfo - 67acf870-91ed-44d0-87db-49027f164175. Ackermans & van Haaren is a diversified group active in 4 key sectors: dredging, environmental and construction services (DEME, one of the largest dredging companies in the world - Algemene Aannemingen Van Laere, a leading contractor in Belgium), private banking (Bank Delen, one of the largest independent private asset managers in Belgium – Bank J.Van Breda & C°, niche bank for entrepreneurs and liberal professions), Real Estate (Leasinvest Real Estate, a listed real-estate investment trust with real estate assets of approximately € 500 million – Extensa, an important land and real estate developer focused on Belgium and Luxemburg) and private equity (Sofinim, one of the largest private equity providers in Belgium, and GIB). The group concentrates on a limited number of strategic participations with an important potential for growth. Market capitalisation of AvH is over € 2 billion. As of March 2nd 2007, the AvH share will be included in the reference index BEL20 of Euronext Brussels..

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