Re Contract

Wood Group (John) PLC 19 May 2004 19 May 2004 WOOD GROUP WINS $90MILLION, 18-YEAR GAS TURBINE MAINTENANCE CONTRACTS IN THAILAND Wood Group Heavy Industrial Turbines (Thailand) Ltd (WGHITT), part of the Gas Turbine Services Division of John Wood Group PLC ('Wood Group'), has been awarded two long-term gas turbine maintenance contracts, worth approximately $90 million over 18 years, from The Glow Group in Thailand, part of Tractebel Electricity & Gas International, one of the business divisions of SUEZ. The contracts are scheduled to begin in 2005, with the work spread over their 18 year duration. 'We are delighted to have won these long-term maintenance contracts which represent a significant step in the development of our long-term maintenance business and in our business in South East Asia,' said Allister Langlands, Chief Executive of Wood Group Gas Turbine Services. 'These contracts follow our successful implementation of similar long-term packaged maintenance contracts in other regions of the world. By delivering a broad spectrum of services under the contracts, wholly aligned to the needs of the customer, Wood Group is demonstrating its position as the leading independent aftermarket services provider.' The two contracts involve the provision of packaged maintenance services, covering component repair, spare parts supply, and onsite services for 12 General Electric Frame 6B gas turbines operated at two power stations in Map Ta Phut on Thailand's eastern seaboard. John Guidry, Chief Operating Officer of The Glow Group, said: 'We are pleased to award these contracts to Wood Group. These agreements package a broad range of services into a contracting model with the flexibility to provide an efficient, cost-effective maintenance solution for our assets.' -ends- Note to editors Wood Group is an international energy services company with $2bn revenues, employing more than 13,000 people worldwide and operating in 34 countries. The Group has three Businesses: Engineering & Production Facilities, Well Support, and Gas Turbine Services providing a range of engineering, production support, maintenance management and industrial gas and steam turbine-generator overhaul and repair services to the oil & gas, and power generation industries worldwide. Wood Group Gas Turbine Services is a leading world-wide independent provider of maintenance, repair and overhaul services for gas turbines, steam turbines, generators, and other high-speed rotating equipment, including pumps and compressors. The company also repairs gas turbine accessories and components for industrial and aero customers. Wood Group Heavy Industrial Turbines, comprising facilities in the UK, USA, Switzerland and Thailand, provides integrated maintenance services to operators of heavy industrial gas turbines, steam turbines and electrical generators worldwide. The Glow Group is the largest independent power producer in Thailand, and is majority owned by SUEZ-Tractebel SA. For further information contact Carolyn Smith, Corporate Communications Manager, Wood Group Tel: +44 (0) 1224 851099, e-mail: carolyn.smith@woodgroup.com Pauline Smith, Corporate Communications Executive, Wood Group Gas Turbine Services Tel: +44 (0) 1224 797143, mobile: 07751 414210, e-mail: pauline.smith@woodgroup.com Or visit the website: www.woodgroup.com This information is provided by RNS The company news service from the London Stock Exchange
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