Interim Management Statement

19th May 2008 - John Wood Group PLC ("Wood Group")

                         Interim Management Statement                          

Wood Group, the international energy services provider, issues the following
Interim Management Statement which the Chairman, Sir Ian Wood, will make at the
Annual General Meeting on 22nd May.

"In continuing strong global energy markets, we have made a very good start to
the year and now expect to be somewhat ahead of expectations.

"The strongest performance is from Engineering & Production Facilities, which
has benefited from high demand for its services across all areas and the
contribution from IMV Projects acquired in November 2007. Engineering is active
on a wide range of projects in upstream, subsea and pipeline, and downstream,
with new awards during the period including Woodside for their Sunrise gas
development in the Timor Sea; Gazprom, Total and StatoilHydro for the trunkline
project to bring gas from the Shtokman field to Northern Russia; and the
International Alliance Group for the Consumers' Co-operative Refineries Ltd.
(CCRL) refinery expansion project in Saskatchewan, Canada. Production
Facilities has a market leading position in the UK sector of the North Sea,
with a range of brownfield engineering and modifications projects, and an
increasing number of duty holder roles. The acquisition of Producers'
Assistance Corporation in January has strengthened the onshore operations and
maintenance capabilities in the US, and the Latin American business has been
expanded through two important contracts in Peru.

"Well Support is seeing a good overall performance in an improving North
American market. Electric Submersible Pumps has continued to see high levels of
activity in long term contracts and won new business with the Kuwait Oil
Company. Pressure Control's international growth continues to be encouraging,
with significant recent contract awards in Latin America, including from PDVSA
and Pemex, and further progress anticipated in the Middle East. The programmes
to increase our manufacturing capacity in lower cost environments are
progressing well. Logging Services is delivering a strong performance,
including from its deepwater and slickline specialist services.

"Gas Turbine Services continues to make good progress in the US and in
international markets. The strong demand for gas turbine power is very positive
for our maintenance, repair and overhaul activities, and for our fast track
power solutions where we anticipate a number of contract awards over the coming
months. The continuing focus on increasing the proportion of work under long
term contract is an important step towards delivering the future margin
objective.

"The Group's financial position is strong and committed bank facilities have
been increased by $200m to $950m, which provides a robust platform for future
growth.

"In summary, the healthy markets and ongoing programme of investment in both
organic growth and acquisitions have resulted in a very good start to the year.
We believe the Group is well underway to another year of strong growth, and now
expect to be somewhat ahead of expectations."