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GLDD Announces Secondary Share Offering

On Tuesday, June 19, Great Lakes Dredge & Dock Corporation announced a $100 million secondary offering of shares of its common stock by certain selling stockholders, pursuant to a registration statement filed with the Securities and Exchange Commission. The selling stockholders include Madison Dearborn Capital Partners IV, L.P. Great Lakes will not receive any proceeds from the sale of the shares but will pay the expenses of the offering.

A registration statement relating to the securities described above has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release, issues by GLDD, does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be a sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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