News Release

Flatiron wins awards for partnering on construction projects in California

Flatiron, one of California’s largest transportation and infrastructure contractors, won two AGC of California’s Excellence in Partnering Awards for the Lenihan Dam and I-238 Widening projects. The awards were presented on April 10 in San Francisco, Calif.

The Excellence in Partnering Awards are presented annually to construction projects that best epitomize the principles of partnering. The award identifies excellence in partnering, celebrates success and honors stakeholders.

Flatiron replaced a deteriorating dam outlet structure for the 50-year-old Lenihan Dam – a 1,000-foot-long earthen barrier holding water stored at the Lexington Reservoir in Los Gatos, Calif. The Lenihan Dam project also was recently awarded the Partnered Project of the Year, Ruby level, by the International Partnering Institute.

In Hayward, Calif., to reduce congestion, Flatiron widened Interstate 238 and reconstructed portions of two interstate-to-interstate intersections. The company completed work four months ahead of schedule.

Flatiron, with a construction volume of $1.04 billion in 2009, is one of the leading providers of transportation construction and civil engineering in North America. Its core competencies include major bridge, highway and rail projects. Flatiron also operates as a contractor in public-private partnership projects. Founded in 1947, the firm is a subsidiary of HOCHTIEF, one of the world’s leading international construction service providers. Further information is available at flatironcon.wpengine.com.

HOCHTIEF is one of the leading international providers of construction-related services. With more than 66,000 employees and a sales volume of EUR 18.17 billion in FY 2009, the company is represented in all the world‘s major markets. The Group’s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 55 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available atwww.hochtief.com/press.

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