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Scott Balfour Appointed President of Aecon

Sep 13, 2005

Toronto, Ontario – September 13, 2005: Aecon Group Inc. (TSX: ARE) today announced that Scott Balfour has been appointed President of the company. Mr. Balfour, who has been Aecon's Executive Vice President and CFO since 1999, will now assume executive leadership of Aecon's operating divisions, reporting to Chairman and CEO, John M. Beck, who continues as Chairman and CEO.

In his new position Mr. Balfour will retain all of his current responsibilities, including those of CFO. In addition, his appointment as President will delegate to Mr. Balfour some of the operational responsibilities previously carried directly by Mr. Beck, who had held the titles of Chairman, President and CEO.

"This appointment signals a new generation of leadership at Aecon," said John M. Beck, Aecon's Chairman and CEO. "The combination of Scott's proven abilities and his deep understanding of our business makes this a very important step forward for Aecon, our clients and our shareholders."

Mr. Balfour, 41, has been with Aecon since 1994 and has been a member of its Board of Directors since 1995. Prior to joining Aecon, Mr. Balfour had an extensive career in corporate banking at the Royal Bank of Canada and the Toronto Dominion Bank. Mr. Balfour has an HBBA from Wilfrid Laurier University and an MBA from the Richard Ivey School of Business, University of Western Ontario.

Aecon Group Inc. is Canada's largest publicly traded construction and infrastructure development company. Aecon and its subsidiaries provide services to private and public sector clients throughout Canada and internationally.