SNC-Lavalin International Inc. and Cogeco Cable Inc. recently signed a marketing agreement to jointly pursue projects in the field of broadband distribution networks worldwide.

For the second quarter which ended June 30, 2001, net income including Highway 407 increased by 38.2% to $10.7 million ($0.23 per share) compared to $7.7 million ($0.17 per share) for the same period last year. Net income excluding Highway 407 was $17.0 million ($0.36 per share), a 9.4% increase from $15.5 million ($0.33 per share).

SNC-Lavalin Inc. announced today that it has completed the acquisition of Titan Projects Ltd. of Calgary, Alberta.

The Board of Directors of SNC-Lavalin Group Inc. has filed notice to renew for a twelve-month period its normal course issuer bid which expired on May 22, 2001. In the notice, the Corporation states its intention to purchase for cancellation up to a maximum of 3,253,400 Common Shares of the Corporation, representing less than 10% of the public float of Common Shares.

SNC-Lavalin Group Inc. (SNC:TSE) announced today that it has entered into an agreement with a group of underwriters led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc., under which the underwriters have agreed to buy 3,000,000 Common Shares of the Company and sell them to the public.