Jan 30 (Reuters) - Transurban Group TCL.AX :
* CO & VIRGINIA DEPARTMENT OF TRANSPORTATION REACHED AGREEMENT ON A DEVELOPMENT FRAMEWORK TO PROGRESS 495 NORTHERN EXTENSION PROJECT
* PROJECT INVOLVES AN EXTENSION OF 495 EXPRESS LANES FOR 3.2 KILOMETRES TOWARD MARYLAND BORDER
* CONSTRUCTION IS EXPECTED TO COMMENCE POST FINANCIAL CLOSE IN FY21