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Mowlem(John) & Co. (MWLM)

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Thursday 02 August, 2001

Mowlem(John) & Co.

Additional Listing-Replacemnt

Mowlem(John) & Co PLC
2 August 2001


The issuer advises that the following amendment has been made to the Additional
Listing announcement released on 31/07/01 at 14:05 under RNS number 7738H.


A formal application has been made for 1,034,916 shares to be admitted to the
Official List. The shares will be issued as part consideration pursuant to the
acquisition of Pall Mall Holdings Limited, announced on 31st July 2001. All
other details remain unchanged. The full corrected version is shown below.


                          John Mowlem & Company plc



Formal application has been made for 1,034,916 ordinary shares of 25p each to be
admitted to the Official List of the UK Listing Authority and admitted to
trading on the London Stock Exchange. These shares are being issued fully paid
and rank pari passu with the Company's existing ordinary shares.

The shares will be issued as part consideration pursuant to the acquisition of
Pall Mall Holdings Limited, announced on 31st July 2001.

Copies of this brochure are available for inspection from the Document Viewing
Facility of the UK Listing Authority during the next two business days and from


                             Hoare Govett Limited


up to and including 14 days from date thereof.