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News Release

Aecon announces filing of preliminary prospectus for previously announced secondary offering

Nov 17, 2006
Aecon Group Inc. announced today that it has filed a preliminary short form prospectus in respect of a proposed secondary public offering of common shares.

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Aecon's Vice President of Safety and Insurance Chosen to Join WSIB Board

Nov 15, 2006
Aecon Group Inc. announced today that Mike Archambault, Aecon's Vice President of Safety and Insurance has been chosen by the Ontario government to join the Workplace Safety and Insurance Board (WSIB) Board of Directors.

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Aecon Announces secondary offering via “bought deal”

Nov 13, 2006
Aecon Group Inc. announced today that it has entered into an agreement with Hochtief AG and certain of its subsidiaries that hold common shares of Aecon...

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Aecon reports improved third quarter results

Nov 8, 2006
Aecon Group Inc. today reported improved results for the third quarter and first nine months of 2006 as margins, operating profit and net income all improved compared to the same periods last year.

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Aecon joint venture awarded $41 million contract by Ministry of Transportation

Oct 19, 2006
Aecon Group Inc. announced today that its Construction and Materials division has been awarded a $41 million contract from the Ministry of Transportation to construct the realignment of a portion of Highway 69 at Sudbury, in a 50/50 joint venture with Leo Alarie and Sons Ltd.

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Aecon to design and build $37 million Orléans Arts Centre

Oct 13, 2006
Aecon Group Inc. announced today that its Buildings Division has been awarded a design-build project by Forum Leasehold Partners Inc. for the $37 million Orléans Arts Centre Facility in Ottawa.

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Aecon awarded $8 million casino project near Seattle

Oct 2, 2006
Aecon Group Inc. announced today that its Buildings Division has been awarded a construction management contract for an $8 million casino project in the U.S. Pacific Northwest.

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Aecon joint venture awarded $69 million tunnel project in York Region

Sep 19, 2006
Aecon Group Inc. announced today that a joint venture in which it is a partner has been awarded a $69.2 million contract to construct a trunk sewer tunnel by the Regional Municipality of York.

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Aecon Reports 2nd Quarter Results

Aug 9, 2006
Aecon Group Inc. today reported its results for the second quarter and first six months of 2006.

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Aecon awarded $16 million contract for bridge construction on QEW

Jul 12, 2006
Aecon Group Inc. announced today that it has been awarded a $16.1 million contract for work on the Queen Elizabeth Way (QEW) at 16 Mile Creek, from the Ontario Ministry of Transportation.

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Quito Airport project reaches financial close

Jun 29, 2006
Aecon Group Inc. today announced that Aecon and its partners have achieved financial close of the Quito International Airport project, and that project lenders have advanced the first tranche of financing.

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Aecon awarded $39 million in two contracts to widen Highway 401 near London

Jun 27, 2006
Aecon Group Inc. announced today that its Construction and Materials division has been awarded two contracts totaling $39.4 million by the Ontario Ministry of Transportation to widen Highway 401 in the London area, and to install and upgrade electrical utilities.

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Aecon joint venture awarded $54 million contract for new alignment of Highway 11 at Burk's Falls

Jun 23, 2006
Aecon Group Inc. announced today that it has secured a $54.0 million contract from the Ontario Ministry of Transportation to construct a portion of Highway 11 at Burk's Falls, in a 50/50 joint venture with Leo Alarie and Sons Ltd.

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Aecon reports improved operating results

May 15, 2006
Aecon Group Inc. today reported improved margins and operating results in the first quarter of 2006 compared to the same quarter last year.

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Aecon awarded $36 million design-build contract by GO Transit

May 4, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $36.5 million contract by GO Transit to design and build a rail-to-rail grade separation in Markham, Ontario.

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Aecon awarded $41 million contract for widening of Hwy 401

Apr 25, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $40.8 million contract to widen an 11 km stretch of Highway 401 and conduct bridge maintenance work on three overpasses near Woodstock, Ontario.

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Aecon announces exercise of over-allotment option

Apr 18, 2006
Aecon Group Inc. announced today that the over-allotment option granted to the underwriters in connection with the company's previously announced public offering of common shares was exercised in respect of 180,000 shares.

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Aecon awarded $37 million contract to widen 407 ETR

Apr 12, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $37.5 million contract to widen Highway 407 ETR north of Toronto between Highway 427 and Highway 404.

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Aecon completes $28.1 million equity financing

Mar 17, 2006
Aecon Group Inc. announced today that it has completed the previously announced issuance of 4,500,000 common shares at a price of $6.25 per common share for aggregate proceeds of $28,125,000.

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Hochtief converts remaining convertible debt to equity in Aecon

Mar 16, 2006
Aecon Group Inc. today announced that Hochtief Canada Inc., a wholly owned subsidiary of Hochtief AG of Essen, Germany, has exercised its option to convert approximately $7.7 million of convertible debt to Aecon common shares at a conversion price of $3.60 per share.

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Aecon reports improved results for 2005 Q4

Mar 8, 2006
Aecon Group Inc. today reported improved operating results for 2005 as compared to last year.

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Aecon Announces Issuance of Common Shares

Feb 27, 2006
Aecon Group Inc. announced today that it has entered into an agreement to issue 4,500,000 common shares on a bought deal basis to a syndicate of underwriters led by...

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IST completes sale of two units in New York

Feb 24, 2006
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract by the Riverbay Corporation to supply two Once Through Steam Generators (OTSGs) for a power plant project in Bronx, New York.

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Quito Airport concession takes effect

Jan 31, 2006
Aecon Group Inc. today announced that the Quito Airport concession, in which Aecon holds a 45.5% economic interest, is in full effect and the airport is now being run to the financial benefit of the concessionaire.