Aecon Group Inc. (TSX: ARE) announced today that it has been awarded approximately $275 million in mining and energy contracts for K+S Potash Canada for work on their Legacy mining project in Saskatchewan, and for North West Redwater (NWR) Partnership for work on the NWR Sturgeon Refinery project in Alberta.

Toronto, ON – October 26, 2011: Aecon Group Inc. (TSX:ARE) announced today that its Mining Division has been awarded a contract valued at approximately $80 million for work at a new potash mine, located approximately 140 kilometres east of Saskatoon, Saskatchewan. Under the unit price contract, Aecon Mining will conduct site preparation and early works, including site grading, construction of temporary roads, preparation of sediment ponds, and layouts for the camp. Work at the site has begun and is scheduled for completion in the fall of 2012. “This contract represents an important step forward for Aecon Mining, expanding its client base and its reach in Western Canada’s resource sector,” said Teri McKibbon, Aecon’s Chief Operating Officer. “The potash industry in Saskatchewan is undergoing significant growth, and Aecon is strategically positioned to play a role in many aspects of that growth.”