AGM Statement

For immediate release Wednesday, 22 June 2005

                               Keller Group plc                                

                  AGM Statement and Half-Year Trading Update                   

Overview

Keller Group plc ('Keller' or 'the Group'), the international ground
engineering specialist, is today announcing its regular trading update for the
six months ending 30 June 2005, in advance of its Annual General Meeting, to be
held tomorrow.

The Board expects Keller's first half performance to be well ahead of last
year's first half. This reflects double-digit turnover growth for the Group as
a whole and a very strong trading performance in the US .

The current order book remains strong, representing over four months' sales.

Operating cash flow is expected to be significantly better than in the same
period last year, principally reflecting improvements in working capital
management .

Looking ahead, the Board remains confident about the Group's prospects for the
full year.

Divisional Review

Keller's US businesses are performing strongly, in part reflecting the recent
increase in activity in US commercial construction and continued strength in
the housing sector. Suncoast continues to benefit from high volumes, whilst
material costs remain constant and the product mix has changed in favour of its
higher value-added products. All the Group's US businesses are expected to have
a good first half and, with a strong order book, the US division is well
positioned for the second half of the year.

The Continental European & Overseas business is recovering well from a slow
first quarter, when adverse weather conditions affected operations,
particularly in Germany and Austria. The anticipated cost-reduction measures in
Germany have been successfully implemented, the benefits of which will be
realised in the second half of the year.

In the UK, whilst volumes at Makers were slower than anticipated at the start
of the year, the business has traded profitably.

Keller intends to announce its interim results on 22 August 2005.

Commenting on the half-year trading update, Justin Atkinson, Chief Executive of
Keller, said:

'We are currently experiencing very favourable market conditions in the US and,
overall, the Board expects Keller's first half performance to be well ahead of
last year's first half.

'Looking ahead, the Board remains confident about the Group's prospects for the
full year. '

For further information, please contact:

Keller Group plc                                                               
                                                                               
Justin Atkinson, Chief Executive                                  020 8341 6424
                                                                               
James Hind, Finance Director                                                   
                                                                               
Smithfield                                                        020 7390 4600
                                                                               
Reg Hoare/Rupert Trefgarne                                                     

 Keller is today exhibiting at the Growth Company Investor Show to be held at  
   the Barbican Exhibition Halls, Golden Lane, London, EC2Y 8DS. For further   
                information, visit www.growthcompany.co.uk/show