MT Højgaard Holding

Legal Proceedings Report • Nov 17, 2015

Stock exchange announcement

17 November 2015

Page 1 of 2

Ruling regarding application to appeal will be withdrawn by Supreme Court

Enclosed please find MT Højgaard A/S's announcement of 17 November 2015 regarding that the Supreme Court, quite unusually, has announced that it will withdraw its decision of 5 November 2015 for further evaluation regarding application to appeal in the dispute regarding the offshore windfarm Robin Rigg.

For 2015, in addition to our share of 54% in the MT Højgaard group's profit after tax and minority interests, the Højgaard Holding group still expects a small positive result before tax.

The projections concerning future financial performance are subject to uncertainties and risks that may result in a development that deviates substantially from what is expected.

Best regards, Højgaard Holding A/S

Ditley Fløistrup CEO

Contacts: Torben Biilmann, CEO, MT Højgaard, tel. +45 2270 9020 Ditley Fløistrup, CEO, Højgaard Holding, tel. +45 4520 1500 Søren Bjerre-Nielsen, chairman of the board, Højgaard Holding, tel. +45 4520 1500

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

Højgaard Holding A/S Smakkedalen 4, 1 DK-2820 Gentofte

Phone: +45 4520 1500 Telefax: +45 4520 1501

hojgaard@hojgaard.dk www.hojgaard.dk Reg. no. 16 88 84 19

Announcement 17 November 2015

Ruling regarding application to appeal will be withdrawn by Supreme Court

Quite unusually, the Supreme Court has announced that it will withdraw its decision of 5 November 2015 for further evaluation regarding application to appeal in the dispute regarding the offshore windfarm Robin Rigg.

Today, the Supreme Court in London informed that it will withdraw the previously announced ruling of 5 November 2015 where it rejects an application from MT Højgaard's opposing party to allow an appeal against the ruling in an old dispute.

The purpose and the effect of this expected withdrawal by the Supreme Court is not known at this time.

Should this imply that the dispute is not finally settled, it will cause the Group to re-establish a provision and adjust its guidance for Special items to DKK 0 against the present guidance of an income of DKK 195 million. Besides this the financial guidance for 2015 is not affected.

Forward-looking statements are inherently subject to risk and uncertainty which may cause actual developments to differ materially from the guidance provided.

Contact

Tel. +45 2270 9020 Tel. +45 2270 9214

Torben Biilmann Sofie Karen Lindberg CEO Vice President Communications

The MT Højgaard Group is one of the leading players in the construction and civil engineering industry in the Nordic countries. The Group undertakes projects in Denmark and specific activities in selected countries. The Group consists of the company MT Højgaard and a group of specialised wholly or partly owned subsidiaries. Our services extend to all types of projects in the construction and civil engineering industry. Productivity, sustainability and quality are focus areas for the MT Højgaard Group's 4000 employees. The Group generates annual revenue of DKK 7 billion. mth.com