MT Højgaard Holding

Earnings Release • Nov 29, 2007

Stock Exchange Announcement

2007-11-29

Page 1 of 2

MT Højgaard raises its full-year 2007 profit outlook as a result of the sale of the crane company BMS A/S

Enclosed please find MT Højgaard's press release regarding sale of the ownership interest in BMS and rising of the profit outlook with the accounting gain from the sale. Højgaard Holding a/s holds an ownership interest of 54 % in MT Højgaard $a/s$ .

As a consequence the Højgaard Holding group now expects a full-year 2007 profit before tax of around DKK 170 million compared with the earlier outlook of around DKK 110 million. The gain is tax-free.

Yours faithfully, Højgaard Holding a|s

Berit Lovring CEO

Contacts: Per Møller, Chairman of the Board, Højgaard Holding a/s, tel. +45 4520 1503 Kristian May, CEO, MT Højgaard a/s, tel. +45 3954 4000

This statement includes forward-looking statements concerning the management's expectations as to financial results. The projections for future economic development are by their very nature subject to uncertainty and risks that may lead to the development deviating from expectations. For a description of risks, refer to the section "Risk factors" in the Annual Report 2006.

This statement has been translated from the Danish language, and in the event of any discrepancies between the Danish and the English language versions, the Danish language version is the governing text.

Højgaard Holding als Klampenborgvej 221, 2nd floor DK-2800 Kgs. Lyngby

Tel.: 4520 1500 Fax: 4520 1501 hojgaard@hojgaard.dk www.hojgaard.dk CVR no. 16 88 84 19

29 November 2007

Press release

MT Højgaard raises its full-year 2007 profit outlook as a result of the sale of the crane company BMS A/S

MT Højgaard has sold its entire 50% ownership interest in the crane company BMS with effect from 29 November.

The sale was made to the Enggaard family, which has owned BMS on a fiftyfifty basis with MT Højgaard since 2004.

The sale of the shares in BMS is in keeping with MT Højgaard's strategy to dispose of activities that fall outwith MT Højgaard's strategic focus and of which we are consequently no longer the best owner. MT Højgaard's collaboration with BMS will continue as before.

Against the background of the disposal of BMS it is now expected that MT Højgaard will realise full-year 2007 profit before tax in the region of DKK 300 million compared with the earlier outlook of profit before tax in the region of DKK 185 million. The increased profit outlook corresponds to the accounting gain in connection with the transaction. The gain is tax-free.

Yours faithfully MT Højgaard a/s

Kristian May President and CEO

Contact information

Kristian May President and CEO Tel +45 3954 4000

MT Højgaard a/s Knud Højgaards Vej 9 DK-2860 Søborg Tel +45 3954 4000 Fax +45 3954 4900 mail@mth.dk www.mthojgaard.com Reg No. 12 56 22 33