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Mowlem Plc (MWLM)

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Monday 22 December, 2003

Mowlem Plc

Additional Listing

Mowlem Plc
22 December 2003

For immediate release

22 December 2003

                                   Mowlem plc

                               Additional Listing

A formal listing application has been made for 656,607 ordinary shares of 25
pence each in the Company to be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange. The shares will be issued
fully paid and will rank pari passu in all respects with the existing issued
ordinary shares of the Company.

These shares will be issued pursuant to the interim scrip dividend alternative
for the year ending 31 December 2003.

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

                                250 Bishopsgate

                                London EC2M 4AA

up to and including 14 days from the date thereof.

                                    - END -

                      This information is provided by RNS
            The company news service from the London Stock Exchange