Contract Win

Mercury Group PLC 12 December 2005 MERCURY GROUP PLC ('Mercury') New Contract Win Mercury Group plc, the property services group, is delighted to announce that its project management subsidiary, TelCo Solutions ('Telco'), has secured a contract to manage the roll-out of a major new hotels programme with Harrell Hotels (Europe) Limited ('Harrell Hotels'). The capital investment in the programme will be in excess of £180m over its initial three year period and therefore, this represents a substantial contract for TelCo. TelCo will act as strategic project managers for Harrell Hotels in the roll-out of an initial10 new hotels under the Courtyard brand. Harrell Hotels holds the franchising rights in the UK to develop and manage the Courtyard hotel brand, which is owned by Marriott International, Inc. As well as locating suitable sites, TelCo will be responsible for commissioning and performing surveys and feasibility studies. It will also be responsible for the appointment and management of all other professional advisers involved in the roll-out. The contract will also utilize the services offered by Mercury's other subsidiary companies, Smith Melzac Pepper Angliss, the commercial property agency, and Navitas Hemway, the facilities management provider. Chief Executive of Mercury, David Williams, commented, 'I am delighted to announce this latest contract win. While it has been signed with our project management company, TelCo, it will also utilise the services offered by our other Group companies, including our commercial property agency and our facilities management subsidiary. It is a prestigious win which bears testament to the quality of our services and the wider range of skills offered by the enlarged group.' Enquiries: David Williams T: 020 7422 6585 Mercury Group plc Katie Tzouliadis T: 020 7448 1000 Biddicks About Mercury Group plc Mercury Group, which is quoted on the London Stock Exchange's Alternative Investment Market (AIM), provides a wide range of professional services to the real estate industry. Its services address all the major stages of the property lifecycle from initial acquisition, design and construction to ongoing property and facilities management and eventual disposal Subsidiary, TelCo Solutions provides project management services to the property sector. It offers comprehensive management solutions for all aspects of property planning and construction through its skills in project management, engineering and architecture. The company was acquired in March 2005 by Mercury Group plc. This information is provided by RNS The company news service from the London Stock Exchange

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