Announcement to the Copenhagen Stock Exchange

Today the Board of Per Aarsleff A/S has discussed and adopted the company’s report for the first six months of the financial year 2006/2007. The Interim Report has not been audited or reviewed by the company’s auditors.

Result of the first six months:

·         The interim result came to DKK 81 million before tax.

·         Consolidated revenue reached DKK 2,106 million.

·         Construction contributes a profit before interest at DKK 34 million.

·         Pipe Technologies contributes a profit before interest at DKK 8 million.

·         Piling contributes a profit before interest at DKK 49 million.

·         Cash flows from operating activities with deduction of investments constitute DKK 138 million.

Outlook for the financial year 2006/2007:

·         For the year 2006/2007 the outlook for a profit before tax is DKK 135 million compared to DKK 120 million as previously announced.