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Aecon News Releases

March 2, 2010 Aecon reports year end results for 2009

March 1, 2010 Aecon acquires GCCL Contracting Limited

February 23, 2010 Aecon schedules year-end 2009 financial results conference call

February 11, 2010 South Rock awarded two contracts totalling more than $119 million

January 28, 2010 IST awarded two contracts totaling $22 million

January 4, 2010 Aecon named one of Canada’s 50 Best Employers
for third year in a row

December 7, 2009 Aecon awarded $25 million MTO contract to expand Highway 7

November 24, 2009 Aecon announces agreement with Municipality of Quito regarding Quito International Airport

November 19, 2009 Aecon awarded $58 million MTO contract to expand Highway 69

November 16, 2009 Aecon Industrial awarded key Oilsands contract

November 6, 2009 Aecon awarded two contracts totaling $125 million to modify Regina refinery

November 3, 2009 Aecon reports third quarter results

October 29, 2009 Aecon awarded $196 million contract for Union Station Platform Renewal

October 29, 2009 Aecon schedules third quarter 2009 financial results conference call

October 13, 2009 Aecon Appoints David Smales as CFO

September 29, 2009 Aecon announces completion of previously disclosed public offering
of convertible debentures

September 25, 2009 Aecon/Turner joint venture awarded $58 million contract for expansion of Markham-based Data Centre

September 10, 2009 Aecon awarded $38 million for Chemical Engineering Building at the University of Waterloo

September 8, 2009 Aecon announces $150 million public offering of convertible debentures

September 3, 2009 Aecon awarded $47 million contract for Carbonneau Bridge Reconstruction

September 3, 2009 Aecon awarded $79 million contract for University of Ottawa Social Science Building

September 1, 2009 Aecon awarded $52 million redevelopment project for
Queenston-Lewiston Border Crossing Plaza

August 4, 2009 Aecon reports second quarter results

July 31, 2009 Comments by CCC and Aecon regarding Ecuadorian court ruling

July 30, 2009 Aecon schedules second quarter 2009 financial results conference call

June 22, 2009 Aecon awarded contract for $31 Million Veterinary Diagnosis complex in Quebec

June 3, 2009 IST awarded two contracts totaling more than $14 million

May 20, 2009 Aecon selected as Construction Manager for interior of Corus Entertainment headquarters

May 5, 2009 Aecon reports solid first quarter

April 21, 2009 Aecon announces senior management change

April 8, 2009 Aecon joint venture awarded $181 million contract for water filtration tunnels in Vancouver

April 1, 2009 Aecon and Lockerbie announce completion of Aecon’s acquisition of Lockerbie

March 31, 2009 Aecon and Lockerbie Announce Shareholder and Court Approval for Aecon's Acquisition of Lockerbie

March 27, 2009 Aecon and Lockerbie Announce Exchange Ratio and Remind Lockerbie Shareholders of Deadlines

March 12, 2009 Lockerbie Mails Meeting Materials to its Shareholders with Closing of Aecon's Acquisition of Lockerbie Scheduled for April 1

March 3, 2009 Tony Franceschini joins Aecon’s Board of Directors

March 3, 2009 Aecon reports record results for 2008

February 25, 2009 Aecon schedules year-end 2008 financial results conference call

February 11, 2009 Aecon reaches Financial Close on $91.5 million Lakeridge Health Corporation redevelopment project

February 2, 2009 Aecon to acquire Lockerbie & Hole

January 20, 2009 IST awarded two contracts totaling $20 million with Nova Scotia Power Incorporated and Peninsular Cogeneration.

January 15, 2009 Aecon Completes South Rock Ltd. Acquisition

January 12, 2009 Aecon awarded contract for conversion of Nova Scotia Power facility

January 5, 2009 Aecon named one of Canada’s 10 Best Employers

December 15, 2008 Aecon acquires Alberta’s South Rock Ltd.

November 3, 2008 Aecon awarded mine contract

October 28, 2008 Aecon reports best quarter in its history

October 23, 2008 Aecon awarded four-year utility distribution construction contract from Enbridge Gas Distribution Inc.

October 23, 2008 Aecon schedules third quarter 2008 financial results conference call

October 6, 2008 Aecon Recognized as one of the Top Employers in Canada

October 1, 2008 IST awarded two contracts totaling $8 million

September 24, 2008 Aecon awarded $19 million MTO contract to reconstruct
Highway 11 near Huntsville

August 28, 2008 Aecon awarded contract for new $27 million Academic Building at Dalhousie University

August 26, 2008 Aecon awarded $31 million contract for reconstruction of Smiths Falls District Hospital

August 19, 2008 Aecon reaches Financial Close on $112 million
hospital expansion and renovation project

August 14, 2008 Aecon announces closing of new senior credit facility
- - New facility increases credit availability and flexibility - -

August 13, 2008 IST awarded First Enhanced Oil Recovery contract in Alberta oilsands

August 11, 2008 Aecon awarded $105 million contract for reconstruction and
widening of Hwy 401 in southwestern Ontario

August 6, 2008 Aecon confirms completion of second quarter 2008 financial results conference call

August 5, 2008 Aecon reports another record quarter
- pre-tax earnings double from year ago - -

August 1, 2008 Aecon schedules second quarter financial results conference call

July 28, 2008 Aecon reaches commercial close on
hospital expansion and renovation project

July 17, 2008 Aecon Industrial signs alliance agreement with Union Gas

July 10, 2008 Aecon recognized as having one of Canada’s 30 Best
Pension and Benefits Plans

July 8, 2008 IST awarded contract totalling over $33 million

July 3, 2008 Aecon / Caspian joint venture awarded contract for new
Winnipeg mail processing plant

June 30, 2008 Aecon Releases details of quarterly dividend payments

June 25, 2008 Aecon awarded $81 million highway contract in Alberta

June 24, 2008 IST awarded two contracts totalling $10 million

June 17, 2008 Annual Meeting Remarks by Chairman and President

June 13, 2008 Arbitration panel in India rules favourably on Aecon extension of time claim

June 11, 2008 Aecon selected as highest ranking bidder for hospital expansion and renovation project

June 9, 2008 Aecon awarded $130 million contract to build new
Quantum Nanotechnology Centre at University of Waterloo

May 23, 2008 Aecon announces opening of new facility in Pictou, Nova Scotia

May 6, 2008 Aecon reports continued growth in first quarter

May 2, 2008 Aecon schedules first quarter 2008 financial results conference call

April 22, 2008 Aecon awarded two new projects from Union Gas totaling $45 million

April 22, 2008 Aecon conclut deux nouveaux contrats totalisant 45 M$ avec Union Gas

April 17, 2008 Aecon announces completion of equity financing

April 15, 2008 Aecon awarded Construction Management Contract for $17.5 Million Building Project for Saint Mary's University

April 2, 2008 Aecon and Scott Construction announce projects totaling over $300 million

March 27, 2008 Aecon announces issuance of common shares

March 10, 2008 Aecon awarded three-year utilities distribution contract totaling $150 million from Union Gas

March 4, 2008 Aecon reports record results for 2007

March 4, 2008 Aecon boosts dividends

March 3, 2008 Aecon secures fabrication contract for oilsands

February 28, 2008 Aecon schedules year-end 2007 financial results conference call

February 19, 2008 Aecon awarded three-year $120 million utilities contract from Bell Canada

February 15, 2008 Aecon to redeem 8.25% Debentures due March 17, 2010

January 8, 2008 Aecon Recognized as one of the 50 Best Employers in Canada

December 21, 2007 IST secures two contracts totaling $17 million

December 20, 2007 Aecon Completes Alarie Acquisition

December 11, 2007 IST awarded $16 million contract in Bolivia

November 6, 2007 Aecon to acquire Leo Alarie and Sons Limited

November 2, 2007 Aecon Industrial awarded $116 million cogeneration project

October 29, 2007 Aecon resumes dividends

October 29, 2007 Aecon reports record third quarter and nine month earnings

October 23, 2007 Aecon schedules third quarter 2007 financial results conference call

October 4, 2007 Rouge Valley project reaches $64 million financial close

October 2, 2007 Aecon to redeem 8.25% Debentures

September 27, 2007 Aecon awarded $100 million contract to build TEDCO’s Corus Entertainment Office Building

September 4, 2007 Aecon Buildings awarded contract for redevelopment of the Rouge Valley Health System

August 14, 2007 Aecon awarded $89 million contract for QEW widening and bridge reconstruction

August 7, 2007 Aecon reports record second quarter and first half earnings

July 18, 2007 IST signs cooperation agreement with Macchi of Italy

July 11, 2007 Aecon Recognized in US with Buildings Industry Awards

July 4, 2007 Aecon awarded contract from Bell Canada

June 27, 2007 Aecon's Karson Group Awarded $56 Million Contract for Construction on Highway 417

June 26, 2007 $210 million extension of the Cross Israel Highway reaches closing

June 21, 2007 IST secures $15 million contract in Hawaii

June 19, 2007 Annual Meeting Remarks by Chairman and President

June 15, 2007 Aecon awarded second bridge contract on Calgary's Stoney Trail

May 31, 2007 Aecon secures a large module contract for oilsands

May 30, 2007 Aecon annouces approval of new credit facility

May 24, 2007 Two Aecon divisions join forces to secure $60 million in
oilsands contracts

May 14, 2007 Aecon reports continued improvement in first quarter

May 11, 2007 Aecon schedules First Quarter 2007 financial results conference call

March 22, 2007 Aecon awarded $49 million contract to widen 407 ETR

March 6, 2007 Aecon reports significantly improved results for 2006

February 8, 2007 IST secures two contracts in Spain totalling $35 million

February 7, 2007 The Karson Group named one of Canada's 50 Best Managed Companies

February 1, 2007 Aecon acquires The Karson Group

November 30, 2006 Aecon announces closing of previously announced secondary offering

November 17, 2006 Aecon announces filing of preliminary prospectus for previously announced secondary offering

November 15, 2006 Aecon's Vice President of Safety and Insurance Chosen to Join WSIB Board

November 15, 2006 IST AND TEI-STRUTHERS WELLS FORM PARTNERSHIP
TO PRODUCE EOR STEAM GENERATORS

November 15, 2006 IST ET TEI-STRUTHERS WELLS FORMENT UN PARTENARIAT
POUR FABRIQUER DES GÉNÉRATEURS DE VAPEUR RAH

November 13, 2006 Aecon Announces secondary offering via “bought deal”

November 8, 2006 Aecon reports improved third quarter results

November 6, 2006 Aecon schedules Third Quarter 2006 financial results conference call

October 19, 2006 Aecon joint venture awarded $41 million contract by Ministry of Transportation

October 13, 2006 Aecon to design and build $37 million Orléans Arts Centre

October 2, 2006 Aecon awarded $8 million casino project near Seattle

September 19, 2006 Aecon joint venture awarded $69 million tunnel project in York Region

August 9, 2006 Aecon Reports 2nd Quarter Results

July 12, 2006 Aecon awarded $16 million contract for bridge construction on QEW

June 29, 2006 Quito Airport project reaches financial close

June 27, 2006 Aecon awarded $39 million in two contracts to widen Highway 401 near London

June 23, 2006 Aecon joint venture awarded $54 million contract for new alignment of Highway 11 at Burk's Falls

June 20, 2006 Annual Meeting Remarks by Chairman and President

June 20, 2006 Margin growth and strong demand for domestic construction services expected to drive Aecon's earnings growth

May 15, 2006 Aecon reports improved operating results

May 11, 2006 Aecon schedules First Quarter 2006 financial results conference call

May 11, 2006 Aecon joint venture awarded $77 million Bathurst/Langstaff tunnel project north of Toronto

May 4, 2006 Aecon awarded $36 million design-build contract by GO Transit

April 25, 2006 Aecon awarded $41 million contract for widening of Hwy 401

April 18, 2006 Aecon announces exercise of over-allotment option

April 12, 2006 Aecon awarded $37 million contract to widen 407 ETR

March 17, 2006 Aecon completes $28.1 million equity financing

March 16, 2006 Hochtief converts remaining convertible debt to equity in Aecon

March 8, 2006 Aecon reports improved results for 2005 Q4

March 6, 2006 Aecon schedules year-end 2005 financial results conference call.

February 27, 2006 Aecon Announces Issuance of Common Shares

February 24, 2006 IST completes sale of two units in New York

February 24, 2006 Aecon Industrial secures three key contracts in Western Canada

January 31, 2006 Quito Airport concession takes effect

January 18, 2006 Agreement signed for US$180 million extension of the Cross Israel Highway

January 10, 2006 Aecon joint venture awarded $200 million nuclear refurbishment contract

December 12, 2005 IST completes sale of three units in Puerto Rico

November 9, 2005 Aecon reports improved results from continuing operations

November 7, 2005 Aecon schedules third quarter 2005 financial results conference call

November 3, 2005 Aecon Buildings awarded projects with a total construction value of $50 million

November 1, 2005 IST to build once-through-steam-generator in South Africa

October 5, 2005 Aecon Awarded $60 Million Contract for Work on QEW in Ontario

September 13, 2005 Scott Balfour Appointed President of Aecon

August 25, 2005 Quito Airport financing documents signed

August 11, 2005 Aecon reports improved results from continuing operations

August 9, 2005 Aecon-Cegerco recently awarded two Montreal area contracts worth a combined total of over $20 million

August 5, 2005 Expertech chooses Aecon as its strategic partner for Ontario construction requirements

August 5, 2005 Aecon industrial gets $17 million nuclear construction project

July 20, 2005 Saint Mary's University Appoints Aecon as Construction Manager for $25.5 Million Science Building

July 12, 2005 Aecon's Innovative Steam Technology sells 100th unit to Turkey's Nar Enerji

June 21, 2005 Annual Meeting Remarks by John M. Beck, Chairman and CEO

June 21, 2005 Annual Meeting Remarks by Scott C. Balfour, Executive Vice President and CFO

May 12, 2005 Aecon reports first quarter results

May 10, 2005 Aecon schedules first quarter 2005 financial results conference call

April 22, 2005 Aecon secures $17.5 million contract to build highway

April 18, 2005 Aecon gains $57 million contract to build Phase 2 of University of Guelph's new Science Complex

April 12, 2005 Aecon wins two prestigious awards

April 5, 2005 Aecon Industrial secures three key contracts in Western Canada

April 5, 2005 Aecon Industrial décroche trois contrats importants dans l'Ouest du Canada

March 17, 2005 Aecon strengthens its Board of Directors

March 17, 2005 Aecon announces completion of convertible debenture financing

March 16, 2005 Aecon schedules Year End 2004 financial results conference call

March 16, 2005 Aecon reports 2004 annual results

March 15, 2005 Aecon Industrial achieves nuclear certification

March 9, 2005 Aecon Buildings awarded contract for $15 million casino expansion and hotel build for Lummi Nation

March 8, 2005 Aecon fined in relation to jobsite explosion in 2003

March 7, 2005 Aecon-Cegerco to renovate Montreal Airport

March 4, 2005 Aecon announces private placement of convertible debentures

March 4, 2005 Aecon announces increase in private placement of convertible debentures

March 3, 2005 Aecon selected as Construction Manager for $19 million Expansion and Renovations to Halifax's IWK Health Centre

January 31, 2005 Innovative Steam Technologies announces two new contracts, bringing 2004 sales awards to $42 million

January 20, 2005 Aecon revises 2004 outlook




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