Statement re Possible Offer

Carillion PLC
19 October 2007


Not for release, publication or distribution, in whole or in part, in or into or
from any jurisdiction where to do so would constitute a violation of the
relevant laws of such jurisdiction

19 October

For Immediate Release

Possible offer for Alfred McAlpine plc ('Alfred McAlpine') - Rule 8.4
Announcement

Carillion plc ('Carillion') announces that it has received non-binding letters
of intent over 14.89 per cent. of Alfred McAlpine's issued share capital from
Schroder Investment Management Limited and New Star Asset Management Limited to
accept, if made, a possible offer by Carillion at a value of 570 pence for each
Alfred McAlpine share.

The letters of intent relate to 10,582,615 Alfred McAlpine shares held by
Schroder Investment Management Limited (on their own behalf and on behalf of
discretionary clients) and 4,681,590 Alfred McAlpine shares held by New Star
Asset Management Limited, representing in total 14.89 per cent. of Alfred
McAlpine's issued share capital. The letters will lapse if an announcement of a
firm intention to make an offer is not released by 1 December, 2007. In
addition, the letters will also cease to apply to shares which are disposed of
by the holder.

There is no certainty that any further approach to the Alfred McAlpine board, or
any offer, will be made by Carillion, or as to the form of consideration of any
such offer. Carillion reserves the right to make an offer at a reduced level
with the recommendation of the board of Alfred McAlpine.

Enquiries

Carillion plc
John Denning          Tel: [phone]

Maitland
Angus Maitland        Tel: [phone]


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