Building Value

Aecon Group Inc. trades on the TSX under the trading symbol ARE.

Investment highlights:

• Aecon is a dominant franchise in one of Canada's key industries.
  • Strong industry growth forecasts (Global Insights calls Canada the third fastest growing construction economy in the world)
  
  
• Aecon's primary strength and focus is in the high growth areas of:
  • Transportation infrastructure
  • Energy sector (including Alberta oil sands and Ontario nuclear)
  
  
• Aecon's earnings visibility and profitability are improving.
  • Backlog and margins best in four years
  • EPS target growing to $0.75 in 2008
  
  
• Aecon has significant “hidden value” in non-traditional construction assets such as:
  • Cross Israel Highway concession
  • Quito International Airport concession
  • Aggregate properties across Ontario