Re Contract

Carillion PLC 23 April 2002 Carillion secures rail orders worth over £250 million Carillion, the UK support services to construction group, and Railtrack have agreed contract changes and variations worth over £250 million. The contract for South Wales and Marches, worth around £200 million over five years, involves the maintenance of over 1,250 miles of track in a reorganised area, taking in the South Wales main line, Severn Tunnel to Fishguard, Cardiff Valley lines, Newport to Crewe (via Shrewsbury), Shrewsbury to Aberystwyth and Pwllheli and the Central Wales line from Craven Arms to Llanelli. The contract is based on IMC 2000 conditions and Railtrack and Carillion Rail have agreed to exercise options to extend the contract until 2007. In addition, Carillion Rail and Railtrack have agreed one year extensions to the Bristol and Gloucester area maintenance contracts, which cover over 900 track miles in the Bristol, Wiltshire, Gloucestershire, Oxfordshire and Worcestershire. The Preston IMC 2000 maintenance contract has also been varied to add track renewals to the scope of the work covered by this contract. Carillion Chief Executive, John McDonough, says, 'We are delighted to have agreed these contracts, which underline our commitment to safety and provision of a high quality service to Railtrack.' 'These changes reinforce our position in this important market where, through the recently created Carillion Rail, we are committed to working with Railtrack and the Strategic Rail Authority to provide a full range of services, spanning design and consultancy, maintenance, track renewal and enhancement projects, including signalling overhead electrification and permanent way.' Carillion Rail is one of the country's leading rail infrastructure service providers with a workforce of over 4,000 people and extensive contracts for maintenance, track renewals and enhancement projects on the UK rail network. For further information contact John Denning, Director Group Corporate Affairs 01902 316426 John Davies, Corporate Communications Manager, 01902 316444 This information is provided by RNS The company news service from the London Stock Exchange

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Carillion (CLLN)
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