1. COWI Consulting Engineers and Planners AS
27 Sep. 2000

2. Codan and Danica B-shares
The Group
Employees
B-shares
COWI Foundation
A-shares
Codan and Danica B-shares
Danish offices Offices abroad
Lyngby Sorø Aalborg Vejle Svendborg Belgium Uganda Vietnam
Århus Viborg Kolding Odense Norway Ghana Gladsaxe Holstebro Esbjerg
Consulting Engineers
and Planners AS
(Head Office)
Wholly and partly owned
companies abroad
Wholly owned
companies in Denmark
Associated companies in Denmark
27 Sep. 2000

3. The Group Wholly and partly owned companies abroad
Wholly owned companies in Denmark
Associated companies in Denmark
Ben C. Gerwick, Inc.
San Francisco, California,
USA (93%)
COWI Canada Ltd.
Saint John, Canada (100%)
Buckland & Taylor Ltd.
Vancouver, Canada (100%)
UAB COWI Baltic
Consulting Engineers
and Planners
Vilnius, Lithuania (100%)
COWI Polska, Sp. z o.o.,
Warsaw, Poland (100%)
COWI Philippines, Inc.
Manila, Philippines (100%)
Beijing YAN-DAN
Heat Energy Technology
Development Co. Ltd.
Beijing, China (30%)
Covitecma S.A.
Madrid, Spain (25%)
COWI Hungary Ltd.
Budapest, Hungary (100%)
BaUm COWI
Bau- und Umweltplanung
GmbH
Berlin, Germany (100%)
Hjellnes COWI AS
Oslo, Norway (50%)
COWI Tanzania
Consulting Engineers and
Planners Ltd.
Dar es Salaam, Tanzania (100%)
COWIconsult
International Ltd.
London, U.K. (100%)
Moscow Representative Office
of COWIconsult International Ltd.
Moscow, Russia (100%)
KAGISO-COWI
Consultancy (Pty.) Ltd.
Johannesburg, South Africa (50%)
COWI-ALMOAYED
GULF W.L.L.
Manama, Bahrain (49%)
COMAR Engineers A/S
(100%)
MATCON
Consulting Engineers and Planners A/S OC
BRUUN&SØRENSEN
GROUP AS
Studstrup & Østgaard A/S
Consulting Engineers and Planners
Enviroplan International A/S
DANPORT
The Danish Port
Consultancy Group AS
(50%)
Danish Concrete Institute A/S
(14%)
27 Sep. 2000

4. COWI Consulting Engineers and Planners AS
Board of Directors
Management
Central Services
Div.
D01
Div. D02
Div. D03
Div. D04
Div. D05
Div. D06
Div. D07
Div. D08
Div. D09
Region North Jutland
Region Mid Jutland
Bridges, Marine and Foundation Engineering
Economics and Management
Development Planning
Environmental Projects
Rail, Metro and Tunnel
Building and Operation
Industry, Energy and IT
Environment
Roads and Airports
Region South Jutland
Region Funen
27 Sep. 2000

5. COWI Group staff numbers 1996-2000 (year-end)
2500
2000 A
1500 B A:
516 in subsidiaries B:
116 in parent
company abroad C:
1,455 in parent company in Denmark
1000 C
500
1996
1997
1998
1999
2000
27 Sep. 2000

6. Annual turnover of the Group distributed between Denmark and abroad, MDKK
1,377.3
1,354.1
1,324.6
1,328.5
1,224.3
434.3
574.6
624.1
655.2
688,8
Abroad
Denmark
790.0
750.0
730.0
673.3
688,5
1995/96
1996/97
1997/98
1998/99
1999/00
27 Sep. 2000

7. Number of COWI Employees 1961-00
The Group
2000
Parent company in Denmark and abroad
Parent company in Denmark
1500
1000
500
1965
1970
1975
1980
1985
1990
1995
2000
27 Sep. 2000

8. COWI offices in Denmark
Aalborg
Viborg
Holstebro
Århus
Lyngby
Vejle
Gladsaxe
Esbjerg
Sorø
Kolding
Odense
Svendborg
27 Sep. 2000

9. COWI abroad
Offices abroad
International experience
27 Sep. 2000

10. Economics and management
Environmental and resource economics
Environmental management and legislation
Transport and commercial economics
Welfare and labour market
Market and consumer analyses
Financing and BOT
Public and private service development
Public transport and organisation
Traffic planning and informatics
Traffic environment and safety
27 Sep. 2000

11. Development Planning Urban management and local government
Water resources management
Water supply and sanitation
Agriculture and natural resources management
Health and social development
Training and education
Institutional analysis and capacity building
Human rights and democratisation
27 Sep. 2000

12. Environment Chemicals in the environment
Nature restoration and conservation
Environmental impact assessment
Environmental management
Pollution prevention in industries
Soil and groundwater contamination
Occupational health and indoor climate
Noise abatement
Environmental due diligence
Safety management
27 Sep. 2000

13. Environmental Projects
Urban wastewater management
Wastewater infrastructure rehabilitation
Wastewater and stormwater collection
Wastewater treatment and sludge management
Solid waste management and recycling
Hazardous waste management
Institutional and regulatory aspects
Environmental accounting
Supervisory Control and Data Acquisition (SCADA)
Operation and Maintenance
27 Sep. 2000

14. Roads and Airports Urban roads Highways Airports Pavements
Operation and Maintenance
Surveying and mapping
GIS - Geographical Information System
27 Sep. 2000

15. Rail, Metro and Tunnel Railway planning Infrastructure design
Bored tunnels
Immersed tunnels
Cut-and-cover tunnels
Stations
Project and construction management
Upgrading and maintenance
Infrastructure management
27 Sep. 2000

16. Bridges, Marine and Foundation Engineering
Major bridges
Bridges
Geotechnics
Coastal protection
Marine engineering
Management systems
Operation and Maintenance
Risk analysis
Aerodynamics
Safety assessment
27 Sep. 2000

17. Building and Operation
Industrial and administration buildings
Sports centres and cultural buildings
Housing, schools and universities
Hospitals, sheltered housing and nursing homes
Urban development
Operation and Maintenance
Owner and tenant consultancy services
Project development
Life cycle costs
27 Sep. 2000

18. Industry, Energy and IT Industry Energy Oil and gas IT and management
27 Sep. 2000