Clarifications on journal de Montréal article dated February 3, 2016

Wednesday 03th February 2016

http://www.journaldemontreal.com/2016/02/03/qui-sera-le-prochain-fleuron-quebecois-vendu-1

We would like to underscore that Mr. Nadeau‘s comments about SNC-Lavalin are inaccurate. Eight of the company's ten highest executives, including the CEO, are based and live in Montreal where all our international business is managed. Nearly all of the meetings held by the Board, the Executive committee and the Management committee (100 highest executives) take place in Montreal. In addition, we are not for sale.