Re Contract

Wood Group (John) PLC 17 August 2004 17 August 2004 TransCanada Turbines awarded a $37 million long-term service agreement in the Gulf of Mexico TransCanada Turbines Ltd (TCT), part of the Gas Turbine Services Division of John Wood Group PLC ('Wood Group') has been awarded a long-term service agreement worth $37 million over ten years with BP America Production Company for eleven General Electric LM2500 gas turbines on three deep-water platforms in the Gulf of Mexico. Work will begin on the contract mid-2004. 'This agreement brings the experiences of the operator and maintenance company into collaboration', said Pete Watson, Vice President Wood Group Gas Turbine Services. 'The contract is innovative because of a warranty structure that was developed together with the goal to reduce the costs of maintenance while increasing reliability. TCT will also contribute to the safe work environment onshore and offshore.' ### Notes 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. TransCanada Turbines Ltd (TCT) is a joint venture between TransCanada Pipelines and Wood Group, based in Calgary, Alberta. It services General Electric LM2500, LM2500+ and LM6000, and Rolls-Royce Avon and RB211 industrial aero-derivative gas turbines for operators in the global oil & gas and power generation industries. For further information contact Carolyn Smith, Corporate Communications Manager, Wood Group Tel: +44 (0) 1224 851099, e-mail: carolyn.smith@woodgroup.com Bobbie Ireland, Director Corporate Communications Americas, Wood Group Tel; +1 (281) 828-3505, email: bobbie.ireland@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 www.woodgroup.com www.tcturbines.com This information is provided by RNS The company news service from the London Stock Exchange
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