Interim report January-June 2003

8/18/2003 10:12 AM EST

· The RAMBØLL Group acquired the remaining shares in
Scandiaconsult AB during the second quarter and now holds 99.35 per cent
of the share capital. Scandiaconsult is reported as a consolidated,
wholly owned subsidiary as of 1 April 2003.

· Profit after net financial items improved to MDKK 37.9 (23.9).

· The rise in profit is mainly attributable to strong demand in
the Energy & Oil/Gas business unit and better capacity utilization in
the Management business unit.

· Net sales went up by MDKK 420.1 to MDKK 1,177.8 (757.7). The
increase is mainly explained by the acquisition of Scandiaconsult, which
accounted for MDKK 347.5 of the period's sales growth.

For more information contact Managing Director and Group CEO Flemming
Bligaard Pedersen, telephone +45 4598 6000, or Group CFO Per Leopoldson,
telephone +46 8 615 60 00.

This report is also available at www.ramboll.com