OFT Announcement

Morgan Sindall PLC 17 April 2008 Morgan Sindall plc OFT Announcement 17 April 2008 Morgan Sindall plc (the Company) notes today's announcement by the Office of Fair Trading (OFT) that it has issued a Statement of Objections (SO) to a number of construction companies in England in connection with its investigation into alleged infringements of UK Competition law in the sector. The Company can confirm that the SO states that one of its wholly-owned subsidiaries, Morgan Ashurst plc (formerly Bluestone plc), has been provisionally found to have infringed UK Competition law by giving or receiving cover prices in respect of historic tenders. Morgan Sindall plc will be carefully considering the contents of the SO and will be replying to the OFT in due course. The Company and its subsidiaries take seriously their obligations under UK Competition law and have taken steps to improve their processes to ensure ongoing compliance in this area. Pending further steps in the proceedings and until a final decision has been taken by the OFT in this matter, the Company will refrain from any further comment. However, it can confirm that Morgan Ashurst plc has co-operated with the OFT's investigation under the OFT's leniency policy and, as a result, has been provisionally granted a reduction in any penalty which the OFT might ultimately impose. Enquiries: Blythe Weigh Communications Paul Weigh 020 7138 3208 This information is provided by RNS The company news service from the London Stock Exchange
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