OFT Investigation

Renew Holdings PLC
04 June 2007


Renew Holdings plc
('Renew' or the 'Company')

OFT Investigation

Renew has noted the recent announcements in relation to the Office of Fair
Trading ('OFT') review of tender activity within the construction industry.

The Company confirms that one of its subsidiaries has been contacted by the OFT
in relation to some historic contract tenders. These tenders represent a small
proportion of the tenders made during the period in question.

Subsequently, Renew has conducted a review of the procedures of all of its
businesses to ensure that they are in compliance with the Competition Act.

The subsidiary company has provided all required information to the OFT and
remains fully co-operative in its ongoing investigation.


4 June 2007

Enquiries:

Renew Holdings plc                                    Tel: [phone]
Brian May, Chief Executive
John Samuel, Group Finance Director

College Hill                                          Tel: [phone]
Matthew Gregorowski



                      This information is provided by RNS
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