ARCADIS Announces Changes in Its Supervisory Board.Business Editors/Environment Writers ARNHEM, The Netherlands--(BUSINESS WIRE)--May 28, 2004 ARCADIS (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ARCAF; EURONEXT:ARCAD), the international consulting and engineering firm, today announced that after its General Meeting of Shareholders on May 12, Mr. Thomas M. Cohn was appointed a member of the Company's Supervisory Board Supervisory board The board of directors that represents stakeholders in the governance of the corporation. . This appointment fills the remaining vacancy VACANCY. A place which is empty. The term is principally applied to cases where an office is not filled. 2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate. that occurred through the departures of Prof. Luck M. van Leeuwen and Mr. Andre A. van der Louw, also per May 12th, 2004. The other vacancy was filled by the appointment of Mr. Gerrit Ybema last year. The Company also announced that Rijnhard W.F. van Tets was appointed Chairman of the Supervisory Board as successor to Prof. Van Leeuwen. Mr. Van Tets has been a member of the board since May 2002. Mr. Cohn (1942) is a Belgian national and until the end of 2003 was Chairman of the Executive Board of Siemens Nederland NV. He has served Siemens since 1964 and joined Siemens Nederland NV in 1987, initially as its financial director, later as a member and, from 1994, as Chairman of the Executive Board. He has broad management experience in international business, and has knowledge and experience about the markets in which ARCADIS is active. Mr. Cohn holds several Supervisory Board functions and advisory positions at other firms. He has received high decorations in Belgium, the Netherlands and Germany, among other things for his work in the improvement of German-Dutch relations and his work in the field of Socially Responsible Business. Mr. Cohn qualifies as an independent member of the Supervisory Board as defined by the Committee on Dutch Corporate Governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. . ARCADIS is a leading, global, knowledge-driven service provider, active in the fields of infrastructure, buildings, environment and communications. With client success central to our total business approach, we fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. project or program needs from concept to completion and beyond. Together, we generate EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 850 million in annual revenues. There are 9,000 of us, results-oriented people, continually investing in our skills to maximize value while creating viable solutions that assure your success. Except for historical information contained herein, the statements in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from forecasted results. Those risks include, among others, risks associated with possible changes in environmental legislation and risks with regard to the Company's ability to acquire and execute projects. These are other risks are described in ARCADIS' filings with the Securities and Exchange Commission over the last 12 months, copies of which will be available from the SEC or may be obtained upon request from the Company. |
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