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Mowlem(John) & Co. (MWLM)

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Monday 09 October, 2000

Mowlem(John) & Co.

Result of EGM

Mowlem(John) & Co PLC
9 October 2000


                           John Mowlem & Company PLC
                                       
                                       
                    Result of Extraordinary General Meeting

John Mowlem & Company PLC ('Mowlem') announces that the special resolution
proposed at an Extraordinary General Meeting held earlier today, 9 October
2000, was duly passed and the Directors have been given authority to purchase
up to 47,619,047 ordinary shares of 25p each on the basis of the terms of the
tender offer as described in a circular to Mowlem's shareholders dated 14
September 2000.

Enquiries:

John Mowlem & Company PLC
John Gains
Tel:  020 7405 5251

Hoare Govett
Chris Zeal
Tel:  020 7678 8000

Cardew & Co
Andrew Cardew
Tel:  020 7930 0777