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News Release

Quito Airport financing documents signed

Aug 25, 2005
91ÖÆÆ¬³§ Group Inc. today announced the signing of financing documents among 91ÖÆÆ¬³§, its concession partners and the project lenders for the new Quito International Airport project.

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91ÖÆÆ¬³§ reports improved results from continuing operations

Aug 11, 2005
91ÖÆÆ¬³§ Group Inc. today reported improved operating results from continuing operations in the second quarter and first half of 2005 compared to the same periods last year.

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91ÖÆÆ¬³§-Cegerco recently awarded two Montreal area contracts worth a combined total of over $20 million

Aug 9, 2005
91ÖÆÆ¬³§ Group Inc. announced today that its Quebec-based Buildings division, 91ÖÆÆ¬³§-Cegerco, has secured contracts from two different clients in the Montreal area worth over a combined $20 million.

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Expertech chooses 91ÖÆÆ¬³§ as its strategic partner for Ontario construction requirements

Aug 5, 2005
91ÖÆÆ¬³§ Group Inc. today announced that its Civil and Utilities division has successfully negotiated a series of contracts with Expertech Network Installation Inc. These new renewable contracts take effect September 2005.

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Saint Mary's University Appoints 91ÖÆÆ¬³§ as Construction Manager for $25.5 Million Science Building

Jul 20, 2005
91ÖÆÆ¬³§ Group Inc. today announced its Atlantic Buildings group was awarded a Construction Management contract for the $25.5 Million Applied Science Building Renewal Project at Saint Mary's University, Halifax, Nova Scotia.

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91ÖÆÆ¬³§'s Innovative Steam Technology sells 100th unit to Turkey's Nar Enerji

Jul 12, 2005
91ÖÆÆ¬³§ Group Inc. today announced its wholly owned subsidiary Innovative Steam Technologies (IST) was awarded a contract to supply its 100th once through steam generator (OTSG) to Nar Enerji in Cerkezkoy, Turkey.

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91ÖÆÆ¬³§ reports first quarter results

May 5, 2005
91ÖÆÆ¬³§ Group Inc. today reported an improvement in operating results from continuing operations in the first quarter of 2005 compared to the first quarter of 2004.

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91ÖÆÆ¬³§ secures $17.5 million contract to build highway

Apr 22, 2005
91ÖÆÆ¬³§ Group Inc. today announced that it has secured a $17.5 million contract from the Ontario Ministry of Transportation to complete a portion of a four-lane highway from Parry Sound to Sudbury in a 50/50 joint venture with Leo Alarie and Sons Ltd.

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91ÖÆÆ¬³§ gains $57 million contract to build Phase 2 of University of Guelph's new Science Complex

Apr 18, 2005
91ÖÆÆ¬³§ Group Inc. today announced that 91ÖÆÆ¬³§ Buildings has been awarded a $57 million general contract to construct Phase 2 of the University of Guelph's new Science Complex.

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91ÖÆÆ¬³§ Industrial secures three key contracts in Western Canada

Apr 5, 2005
91ÖÆÆ¬³§ Group Inc. today announced that its Industrial division has secured three key industrial projects in Alberta valued at approximately $60 million.

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91ÖÆÆ¬³§ strengthens its Board of Directors

Mar 17, 2005
91ÖÆÆ¬³§ Group Inc. today announced the appointment of two additional independent directors, Mr. Austin Beutel and the Hon. Brian Tobin, to the 91ÖÆÆ¬³§ Board.

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91ÖÆÆ¬³§ Industrial achieves nuclear certification

Mar 15, 2005
91ÖÆÆ¬³§ Group Inc. today announced that its Cambridge, Ontario-based Industrial division has received its nuclear certificate of authorization from the Technical Standards and Safety Authority (TSSA).

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91ÖÆÆ¬³§ Buildings awarded contract for $15 million casino expansion and hotel build for Lummi Nation

Mar 9, 2005
91ÖÆÆ¬³§ Group Inc. today announced that its Seattle, Washington based Buildings division has secured a construction management contract for a $15.3 million project for the Silver Reef Hotel and Casino in Ferndale Washington.

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91ÖÆÆ¬³§ fined in relation to jobsite explosion in 2003

Mar 8, 2005
91ÖÆÆ¬³§ Group Inc. reported today that it has been fined $300,000 in relation to a natural gas explosion at a Windsor jobsite in April, 2003 that severely injured two 91ÖÆÆ¬³§ employees, one of whom later died of his injuries.

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91ÖÆÆ¬³§-Cegerco to renovate Montreal Airport

Mar 7, 2005
91ÖÆÆ¬³§ Group Inc. today announced that its Quebec Buildings division, 91ÖÆÆ¬³§-Cegerco, has begun work on a $12 million general contract to expand and renovate portions of Montreal's Pierre Elliott Trudeau International Airport (formerly Montreal-Dorval International Airport).

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91ÖÆÆ¬³§ announces private placement of convertible debentures

Mar 4, 2005
91ÖÆÆ¬³§ Group Inc. (TSX: ARE) today announced that it has entered into an agreement with a syndicate of underwriters led by GMP Securities Ltd. and including...

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91ÖÆÆ¬³§ announces increase in private placement of convertible debentures

Mar 4, 2005
91ÖÆÆ¬³§ Group Inc. today announced that due to strong response from the investment community, its Board of Directors in consultation with...

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91ÖÆÆ¬³§ selected as Construction Manager for $19 million Expansion and Renovations to Halifax's IWK Health Centre

Mar 3, 2005
91ÖÆÆ¬³§ Group Inc. today announced that its Atlantic Buildings division has received a construction management contract for approximately $19 million in additions and renovations to Halifax's IWK Health Centre, a family-centered care facility and the largest children's hospital east of Montreal.

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Innovative Steam Technologies announces two new contracts, bringing 2004 sales awards to $42 million

Jan 31, 2005
91ÖÆÆ¬³§ Group Inc. (TSX: ARE) today announced that its wholly owned subsidiary Innovative Steam Technologies (IST) was awarded two new contracts late in 2004, bringing IST's total 2004 sales awards to $42 million.

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91ÖÆÆ¬³§ revises 2004 outlook

Jan 20, 2005
91ÖÆÆ¬³§ Group Inc. today announced that it expects to report a loss before taxes of approximately $10 million for the fiscal year ended December 31, 2004.

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91ÖÆÆ¬³§ revises 2004 outlook

Jan 20, 2005
91ÖÆÆ¬³§ Group Inc. (TSX: ARE) today announced that it expects to report a loss before taxes of approximately $10 million for the fiscal year ended December 31, 2004. These expected results represent an improvement of approximately $7 million over the previous year, but the anticipated loss is at variance with 91ÖÆÆ¬³§'s earlier outlook of a return to profitability in 2004.