Re Joint Venture

Galliford Try PLC 18 February 2002 18th February 2002 Galliford Try JV Secures £215 million Contract for United Utilities Galliford Try plc, the construction and housebuilding group, is pleased to announce that, in joint venture with Costain Limited, it has been awarded a contract with a potential value in excess of £215 million from United Utilities. The three-year contract for the south region (Cheshire and South Manchester) covers the construction of new projects within United Utilities' water sector and is one of three major framework agreements awarded. These agreements represent a move to a more collaborative approach by United Utilities in its management of construction projects in line with its strategic approach to procurement. This is the largest project in this sector to date for Galliford Try, which is a leader in long term project services to the water industry. The services provided by Galliford Try under the contract will include the detailed design and construction of water and wastewater treatment works. George Marsh, Deputy Chief Executive of Galliford Try commented: 'I am delighted that Galliford Try has been selected by United Utilities for this important project. It is testimony to our experience in the sector and underlines our reputation as the partner of choice for the water industry.' For further enquiries contact: George Marsh, Deputy Chief Executive 01455 222729 Frank Nelson, Finance Director 01895 855226 Ann-marie Wilkinson/James Chandler, Beattie Financial 020 7398 3300 This information is provided by RNS The company news service from the London Stock Exchange
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