Stmnt re Railtrack plc

Carillion PLC
8 October 2001

                                Carillion plc

Carillion notes that Railtrack is now in Railway Administration, following the
successful application to the High Court by the Secretary of State for
Transport for a Railway Administration Order.

Carillion has received assurances from the Government and from the Railway
Administrators that the work programmes on which Carillion is engaged will be
unaffected by Railtrack being placed in Railway Administration. Furthermore,
the Government and the Railway Administrators have assured Carillion that they
wish to maintain the continuity of the rail network and that their key
objective is to ensure that business continues as normal during the process of
transferring the management of the rail network to a new entity. Carillion is
also pleased to note that the Government has reaffirmed its commitment to
spend over £30 billion over the next ten years to improve the rail network.

Carillion will support the Government and Railway Administrators in their task
of ensuring the long term future of the rail network, whilst continuing to
work normally on all its contracts and to the high standards of quality and
safety upon which it has built its reputation as one of the UK's leading
suppliers of rail maintenance, enhancement and track renewal services.

For further information contact John Denning 01902 316426