ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, announced today that it has agreed terms to acquire 100% of the shares of the U.K.-based environmental consultant Vectra Group Ltd. (Vectra). Vectra employs approx. 110 people and has gross revenues of over GBP 10 million with returns in line with ARCADIS overall margin. The offer provides for a consideration of GBP 6 million. The selling party is Volvere Plc. an investing company, which held the shares of Vectra since May 2003. The transaction is conditional upon approval from Volvere shareholders and is likely to be completed within the next three weeks. It is expected that the acquisition will be immediately accretive to earnings per share. No further financial details were disclosed.

Vectra provides health, safety, risk-management and other environmental consultancy services to predominantly clients in the oil, gas and nuclear industries and in the transportation sector. In the next few months, the company will be fully integrated into the existing environmental activities of ARCADIS in the U.K. The acquisition of Vectra brings the total number of ARCADIS staff in the UK to over a 1000, with more than 300 in environment.

"Vectra strengthens our position in the U.K. environmental market and complements our client list with an additional number of large multinational firms", says Michiel Jaski, member of the Executive Board of ARCADIS. "The acquisition of Vectra meets our objective to broaden the portfolio of environmental consultancy services for our multinational clients, At the same time we can offer our extensive range of services to Vectra's clients, so there is ample opportunity to create additional growth through synergies."

"This transaction comes at exactly the right time for Vectra. Within Volvere we strengthened our services offering and focused on specific activities with good growth potential. Now, as part of ARCADIS, we expect to speed up growth and further increase our margins." says John Field, director of the Process division of Vectra. "In addition, we see solid synergy opportunities on the basis of ARCADIS know-how and experience in the environmental field and expect to benefit from the strong relationships ARCADIS has with multinational customers".

ARCADIS is an international company providing consultancy, design and engineering and management services in infrastructure, environment and facilities, to enhance mobility, sustainability and quality of life. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than 12,000 employees and $2 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions.

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