Secure Major European Cntrcts

KELLER GROUP PLC 18 October 1999 #15M CONTRACTS IN EUROPE Keller Group plc, the global ground engineering services company, has recently been awarded contracts valued at #15m for work in Continental Europe. Key orders include: - #2.5m of specialist grouting to fill voids beneath the Frankfurt/Cologne railway line, which is being upgraded for high-speed trains - #4.2m contract to install pile foundations for the Expo 2001 at Neuchatel, Switzerland - A shoring contract valued at #1.65m involving piles, Soilcrete grouting and ground anchors for a casino in northern Italy - In May, Keller announced #30m of new orders in Europe, the US and Australia. This followed an announcement of UK wins worth #14m in February. Tom Dobson, Chief Executive, commented: 'These orders confirm the growing strength of European markets, and underline Keller's unrivalled coverage on the continent.' For further information: Susy Streeter GCI Focus Group Ltd 0171 600 1392 Notes to Editors: - Keller is listed on the London Stock Exchange and is capitalised at #161m. It is on a forward multiple of 14 times 1999 forecast earnings. - It has offices in 19 countries and approximately 2,400 employees world-wide. - The Company announced interim results for the half year to 30 June, 1999 which showed profit before tax increased 19% to #6.3m and earnings per share increased by 17% to 6.9p (1998: 5.9p). Gearing remained low.

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Keller Group (KLR)
UK 100

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