Interim Management Statement

For immediate release                                    Thursday, 13 May 2010

                               Keller Group plc                                

                         Interim Management Statement                          

Keller Group plc ("Keller" or "the Group"), the international ground
engineering specialist, issues its Interim Management Statement covering the
period 1 January to 12 May 2010.

Overview

The general economic indicators in most of our geographic regions are at last
starting to turn more positive, although this has not yet been reflected in a
meaningful upturn in many of our construction markets, which continue to suffer
from the most severe downturn in decades. Whilst demand in Australia and most
of our developing markets is strong, our mature European markets have remained
sluggish and, overall, the US construction market, which accounts for about 40%
of the Group's revenue, continues to decline.

This continued deterioration in the US construction market has led to a further
reduction in volumes in our US businesses. More importantly, the resulting more
intense competitive environment has led to increased pressure on margins, which
is likely to continue for the remainder of 2010. This, combined with the impact
of the adverse weather conditions in the first quarter, means that the Board
expects the result from the Group's US businesses in the first half of 2010 to
be around breakeven and the full year US result to be well below our
expectations at the time of announcing the Group's 2009 preliminary results.
Consequently, the Board now believes that the Group's results for the full year
will be significantly below market expectations.

We are, however, beginning to see signs of the Group returning to revenue
growth, although it will be some time before this is reflected in stronger
operating margins. Like-for-like order intake up to the end of April 2010 was
9% ahead of the same period in 2009 and the order book has increased each month
since December 2009. At the end of April, the order book was 7% below the level
at this time last year, compared with 14% below at the end of January 2010.

Divisional Review

US

In the US, expenditure in the office, commercial and leisure sector has
continued to contract and other market sectors have not grown sufficiently to
take up the slack. Whilst there has been some benefit from the federal stimulus
package, public construction spend taken as a whole is not growing and private
investment in power and manufacturing has levelled off. Residential
construction is growing only marginally.

As a result of this further decline in the total US construction market,
coupled with the impact of the adverse weather conditions in the first quarter,
our US revenue was significantly down in the first four months of 2010 against
the same period in 2009. We expect higher activity levels in the remainder of
the year, although margins are not expected to improve until there is
confidence in a sustained recovery in US construction.

Continental Europe, Middle East & Asia (CEMEA)

Across our diverse markets within the CEMEA division, performance has been
mixed. In our developing markets, whilst the Group's Middle Eastern businesses
have been reasonably quiet, demand has remained strong in Poland. Our business
in Asia has performed well, with the benefit of a good contribution from
Resource Piling, our October 2009 acquisition based in Singapore. Elsewhere,
market conditions are more challenging.

For the division as a whole, the results in the first half will be adversely
impacted by the severe weather in Northern Europe in the first quarter.
However, the second quarter's result will be much improved which bodes well for
a good second half.

Australia and UK

Our Australian business has continued to perform well in the year to date, in a
market which remains very buoyant. There are a large number of significant
opportunities in the pipeline in Australia and we are confident of winning our
share.

Although it is operating in one of the most difficult trading environments, our
UK business is profitable and continues to increase its exposure to major
projects.

Financial Position

The Group's financial position remains strong. Other than the normal seasonal
increase in working capital and the payment of the second 2009 interim dividend
in April, there has been no significant change to our financial position since
the last year end. The Group's £65m revolving credit facility which expires in
July 2010 has been extended to March 2011 to allow a single refinancing of the
Group's two central banking facilities later this year.

Notice of Interim Results

Keller intends to announce its interim results on Monday, 2 August 2010.

For further information, please contact:

Keller Group plc                                               www.keller.co.uk
                                                                               
Justin Atkinson, Chief Executive                                  020 7616 7575
                                                                               
James Hind, Finance Director                                                   
                                                                               
Smithfield                                                        020 7390 4600
                                                                               
Alex Simmons/Will Henderson                                                    

A conference call for analysts is to be held at 08.00 on Thursday, 13 May 2010.
     Contact Will Henderson at Smithfield (see above) for dial-in details.