MT Højgaard Holding

Regulatory Filings • Apr 19, 2012

Stock exchange announcement

19 April 2012

Page 1 of 2

Enemærke & Petersen, a subsidiary in the MT Højgaard Group, wins big tender

Enclosed please find MT Højgaard A/S's press release of 19 April 2012 regarding Enemærke & Petersen has been chosen to carry out the refurbishment of 1,700 flats in Helsingør. The project has a value of approximately DKK 500 million.

Højgaard Holding A/S holds an ownership interest of 54 % in MT Højgaard $A/S.$

Yours faithfully, Højgaard Holding A/S

Berit Lovring CEO

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 Klampenborgvej 221, 2. sal DK-2800 Kgs. Lyngby

Tel: +45 4520 1500 Fax: +45 4520 1501 hojgaard@hojgaard.dk www.hojgaard.dk CVR-no. 16 88 84 19

Press release 19 April 2012

Enemærke & Petersen wins big tender

1,700 dwellings in Helsingør to be refurbished for DKK 500 million

Today the non-profit housing association Helsingør Boligselskab has made public that Enemærke & Petersen - a subsidiary in the MT Højgaard Group - has been chosen to carry out the refurbishment of the housing estate Vapnagaard. The project has a value of approximately DKK 500 million.

─ Enemærke & Petersen's competencies and experience are really well suited to this project, and we are proud to be chosen in competition with the other tenderers. We look forward to collaborating with Helsingør Boligselskab on this exciting project which reinforces our position in refurbishment, says CEO Svend R. Hartmann of Enemærke & Petersen.

Enemærke & Petersen and the other tenderers were judged on the criteria of price, implementation, contact with tenants and quality of materials.

Vapnagaard was built from 1967 to 1973. The housing estate consists of 57 identical threestorey block of flats with a total of 1,738 flats.

The refurbishment contract will be signed when the deadline for objections ends. The contract is expected to influence MT Højgaard's revenue and financial performance positively during the refurbishment period, which is scheduled to begin by the middle of 2012 and end in 2015. However, the contract in itself does not give rise to any changes to the previously published expectations to the financial development in 2012.

Contact:

Jørgen Nicolajsen Sofie Lindberg Acting President and CEO Communications Manager MT Højgaard Group MT Højgaard Group Tel.: +45 2270 9263 Tel.: +45 2270 9214

With just under 4,000 tenants Vapnagaard is one of Denmark's largest non-profit housing estates, beautifully situated on the south-eastern outskirts of Helsingør (close to the town of Snekkersten). Vapnagaard was built from 1967 to 1973. The housing estate consists of 57 blocks of flats with a total of 1,738 flats. www.vapnet.dk

Enemærke & Petersen carries out refurbishment, new build and maintenance, primarily in the housing sector and the public sector all over Zealand and in Eastern Jutland. The company is a subsidiary in the MT Højgaard Group, has 600 employees and obtained a turnover of DKK 1.2 billion in 2011. www.eogp.dk

MT Højgaard is one of the leading construction and civil engineering companies in the Nordic countries. Projects include design, construction and refurbishment of plants, bridges, housing and commercial and industrial buildings. The company is headquartered in Denmark and has activities across the whole country, as well as focused international activities. In 2011, MT Højgaard delivered revenues of DKK 9 billion. The company employs 5,000 people. Read more on www.mth.com