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Aecon Awarded $25 Million Casino Project

3 March 2003

TORONTO, Ontario —(Press Release) --Aecon Group Inc. (TSX: ARE) today announced that its Buildings division in Washington State has been awarded a US $24.8 million contract by the Suquamish Tribe's Port Madison Enterprises to build their permanent casino and parking garage.

The 93,600 sq. ft. Clearwater Casino will replace the tribe's temporary casino facility in Suquamish, Washington, also built by Aecon in 1995.

The permanent casino will have between 600-750 gaming machines, 2 bars, 2 food service areas and a bingo and conference center. Designed by Bergman, Walls & Associates, Ltd., the casino and 268,000 sq. ft. parking garage are due for completion in July 2003.

"The Clearwater Casino is the latest of several casino projects carried out by Aecon Buildings Inc. in the Northwestern United States," said John M. Beck, Chairman and CEO, Aecon Group Inc. "These contracts are indicative of Aecon's expertise in the construction of entertainment infrastructure. They also reinforce the ongoing relationship Aecon has established with Native American businesses to help meet their construction and infrastructure development needs."

Based in Lynnwood, Washington, Aecon Buildings Inc. is a wholly-owned subsidiary of Aecon Group Inc. of Toronto, serving the Western United States as a part of Aecon's Buildings division.

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