Application made for delisting Smit

Papendrecht, Rotterdam, 7 April 2010

Reference is made to the press releases of Royal Boskalis Westminster N.V. (Boskalis) of 27 March, 30 March and 1 April 2010 whereby Boskalis Holding B.V., a wholly owned subsidiary of Boskalis (the Offeror) announced to declare the public cash offer (the Offer) for all the issued and outstanding ordinary shares (the Shares) of Smit Internationale N.V. (Smit) unconditional (gestanddoening) and provided an update that more than 95% of the Shares were tendered.

Delisting

As a result of the acquisition of more than 95% of the Shares by the Offeror, Boskalis and Smit jointly announce to the holders of Shares that the listing and trading of the Shares on NYSE Euronext Amsterdam (Euronext) will be terminated.

In consultation with Euronext, it is decided that the last day of trading of the Shares will be on Tuesday 4 May 2010. This means that the termination of the listing of the Shares shall be effectuated on 5 May 2010.

Post Closing Acceptance Period (na-aanmeldingstermijn)

Shareholders who have not yet tendered their Shares under the Offer still have the opportunity to do so during the a post closing acceptance period (na-aanmeldingstermijn), which commenced on 30 March 2010 and expires at 18:00 hours, Amsterdam time, on 13 April 2010 (the Post Closing Acceptance Period). Shareholders can tender their Shares in the same manner and subject to the same terms, conditions and restrictions as described in the Offer Memorand

Profile:

Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. Boskalis provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. The company holds important home market positions in and outside of Europe and targets all market segments in the dredging industry. It also has positions in strategic partnerships in the Middle East (Archirodon) and in offshore services (Lamnalco). Boskalis has a versatile fleet of over 300 units and operates in over 50 countries across five continents. Including its share in partnerships, Boskalis has approximately 10,000 employees.

SMIT has a proud tradition of nearly 170 years of service in the maritime sector. The company has earned an excellent reputation by combining expertise and experience with high-quality materials and equipment in the nearly 50 locations around the world where SMIT is active. SMIT aims to provide its worldwide services in the main to shipping companies, producers in the oil and LNG industries, (offshore) construction companies, insurers, governments and shipyards. SMIT maintains the highest standards in respect of Safety, Health, the protection of the Environment and Quality.

SMIT’s services are organised into four Divisions:

• Harbour Towage: harbour towage services and related maritime services.
• Terminals: towage services and related maritime and management services to offshore and onshore terminals.
• Salvage: salvage, wreck removal, environmental protection and consultancy.
• Transport & Heavy Lift: chartering, barge rental & transport, ocean, coastal and river towage, heavy lifting and marine support to a variety of civil and offshore projects and subsea services.

SMIT