Disposal

Balfour Beatty PLC
26 July 2001

BALFOUR BEATTY SELLS INTEREST IN THE DUBAI CABLE COMPANY

Balfour Beatty, the international engineering, construction and services
group, announces today that it has reached agreement to sell its 30% interest
in the Dubai Cable Company (Ducab) to the other existing owners, the
Government of Dubai and General Industry Corporation of Abu Dhabi, for a total
cash consideration of UAE Dirham 129,900,000 (£25 million).

Ducab was the last significant cable manufacturing interest remaining in the
Balfour Beatty group following the sale of its worldwide cablemaking
operations in 1999 and 2000.

Balfour Beatty's interest in Ducab has an asset value of £9 million and the
transaction, after associated costs, will result in an exceptional profit of
approximately £15 million.



Enquiries to:

Tim Sharp

Tel: [phone]

www.balfourbeatty.com