Announcement to the Copenhagen Stock Exchange

Today, the Board of Per Aarsleff A/S has discussed and approved the quarterly announcement for Q1 of the financial year 2007/2008. The quarterly announcement has not been audited or reviewed by the company’s auditors.

Q1 results:

·         The quarterly results came to DKK 92 million before tax and are significantly better than expected.

·         Consolidated revenue reached DKK 1,299 million.

·         Construction contributes a profit before interest at DKK 44 million.

·         Pipe Technologies contributes a profit before interest at DKK 25 million.

·         Piling contributes a profit before interest at DKK 28 million.

Outlook for the financial year 2007/2008:

·         The outlook for 2007/2008 is for a profit before tax of DKK 190 million as previously announced to the Copenhagen Stock Exchange on 30 January 2008.