Trading Statement

Wood Group (John) PLC 06 July 2005 John Wood Group PLC ('Wood Group') Pre-close period trading update for the six months to 30th June, 2005 Wood Group has made good progress in the first half of the year in a strong global oil and gas market. The six month results will be released on 13th September, 2005. In Engineering & Production Facilities, Engineering has had a good first half with a healthy mix of deep and shallow water upstream awards and stronger activity in our downstream business; new contract awards include Valhall in Norway, East Area Gas in Nigeria, Gorgon in Australia and Telemark in the Gulf of Mexico. In Production Facilities, the North Sea market is strong and we have continued our very active business development drive into new regions around the world. All three Well Support businesses have seen good growth in the first half benefiting from strong US and international markets. ESP continues to expand in Russia and their new Chad contract has started up successfully. Wood Group Pressure Control has picked up further contracts in Mexico, is making good progress in the Middle East and is continuing to develop its Chinese manufacturing capabilities. In Gas Turbines, the US power market remains difficult but more stable. Our recovery programme is on course and we are increasing our differentiation through the sale of re-engineered parts and growing the number of longer term contracts, including our first maintenance contract for advanced technology turbines. Overall, we are confident of a return to acceptable growth in 2005 and now expect to be somewhat ahead of expectations. Our six month results will be prepared under International Financial Reporting Standards (IFRS) and we are providing a brief update today (see separate announcement) on the main areas of impact. For enquiries please contact Wood Group +44 (0) 1224 851000 Alan Semple Finance Director Nick Gilman Investor Relations Carolyn Smith Corporate Communications Brunswick Patrick Handley/ Nina Coad + 44 (0) 20 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange
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