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 nine months of the financial year 2006/2007.The Interim Report has not been audited or reviewed by the company’s auditor.

Result of the first nine months:

• The interim result came to DKK 140 million before tax.
• Consolidated revenue reached DKK 3,212 million.
• Construction contributes a profit before interest at DKK 59 million.
• Pipe Technologies contributes a profit before interest at DKK 14 million.
• Piling contributes a profit before interest at DKK 63 million.
• The result includes extraordinary interest earnings of DKK 18.6 million concerning corrections of tax assessments of previous years.
• Cash flows from operating activities with deduction of investments constitute DKK 23 million.

Outlook for the financial year 2006/2007:

• For the year 2006/2007 the outlook for a profit before tax is DKK 165 compared to DKK 135 million as previously announced.