Imtech announces final take-up of 52.44% and pricing of the rump offering in connection with its approximately 600 million euro rights offering

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· Rump shares priced at 0.01 euro per rump share
· Concludes Imtech's approximately 600 million euro rights issue

Rump offering
Royal Imtech N.V. ("Royal Imtech") announces, in connection with its 131 for 1 rights offering ("Rights Offering") of 60,082,154,924 new ordinary shares with a nominal value of 0.01 euro each in the share capital of Royal Imtech (the "Offer Shares") at an issue price of 0.01 euro per Offer Share (the "Issue Price"), the pricing and placement of 681,920,724 Offer Shares which have not been validly subscribed for during the exercise period ("Rump Shares").

Reference is made to the press release issued on 22 October 2014, in which the initial take-up of approximately 51.31% of the Rights Offering and the start of the Rump Offering were announced.

Yesterday and today, the Rump Shares were sold by ING, Rabobank, COMMERZBANK and ABN AMRO (the "Underwriters") by way of private placements in the Netherlands and certain other jurisdictions at 0.01 euro per Rump Share (the "Rump Offering", and together with the Rights Offering, the "Offering"). Since the proceeds for the Rump Shares offered and sold in the Rump Offering does not exceed the aggregate issue price of the Rump Shares, each holder of a Right that was not exercised at the end of the exercise period will not receive any payments.

Allotment of the Rump Shares is expected to take place today. Issuance of, payment for and delivery of the Offer Shares (which, for the avoidance of doubt, includes the Rump Shares) is expected to occur on 27 October 2014. Royal Imtech expects that the Offer Shares will be listed and trading in the Offer Shares will commence on Euronext Amsterdam on 27 October 2014, barring unforeseen circumstances.

Following the Rump Offering, the Underwriters will subscribe for 28,574,480,886 Offer Shares at the Issue Price, pro rata to their respective underwriting commitments and pursuant the Underwriting Agreement, representing 47.19% of Imtech's outstanding and issued share capital post completion of the rights offering. The Underwriters will hold these shares separately and for their own account and are committed to maintaining an orderly market for all shareholders.  They have therefore informed Imtech, after closing of the Rump Offering, that they will adhere to a lock-up agreement amongst themselves for a period of 6 months following the close of the transaction with the exception of any off-market block sales of 10% or more of the outstanding and issued share capital post completion of the rights offering.