Interim Management Statement

For immediate release Thursday, 12 November 2009

                               Keller Group plc                                

                         Interim Management Statement                          

Keller Group plc ("Keller" or "the Group"), the international ground
engineering specialist, issues this Interim Management Statement covering the
period 1 July to 11 November 2009.

Overview

Most of the geographical markets in which we operate remain challenging. Whilst
in most of our regions public infrastructure spending remains robust,
privately-financed construction generally is still extremely weak.

As expected, both revenues and margins since the first half have continued to
be below the comparable period in 2008. However, viewed in the context of the
difficult market conditions, the results so far reflect a resilient
performance.

Given our trading in the year to date, the Board's expectations for the full
year remain unchanged and within the current range of market expectations.

Divisional Review

US

Non-residential construction in the US has been held back by further
deterioration in the commercial sector, which shows no signs of improving,
although public expenditure has remained reasonably strong. As yet, there has
been no meaningful recovery in the depressed residential sector.

To date, the results from our broadly-based US operations have held up
relatively well, given the substantial decline in commercial construction.
However, as expected, securing sufficient workload in such lean markets is
continuing to put margins under pressure.

Continental Europe, Middle East & Asia (CEMEA)

Our principal Continental European markets have all continued to be difficult,
with the exception of Poland where our operations will report a good result
this year. The Middle East region has shown few signs of re-awakening whereas,
overall, our Asian markets have remained fairly busy.

The Group's acquisition of Resource Holdings Limited in Singapore, announced on
12 October 2009, completed as planned on 14 October for an initial debt-free
consideration of £32.6m and the process of integration is underway. This
acquisition significantly increases the size of the Group's operations in South
East Asia and adds further momentum to our move into heavy foundations in these
attractive growth markets.

Australia & UK

In Australia we are benefiting from ongoing strong investment in the public
sector. A number of major infrastructure contracts which mobilised in the
second and third quarters of the year are now well underway and are expected to
make significant contributions to another good year.

The results of our UK business will reflect a continuation of the harsh market
conditions seen in the first half, although the second half result will benefit
from the significant restructuring undertaken earlier in the year.

Financial Position

The Group's financial position remains strong. After payment for the
acquisition of Resource Holdings, net debt at the end of October stood at
approximately £100m (30 June 2009: £95.3m), reflecting good cash generation in
the period. The Group retains over £200m of committed facilities expiring
between 2010 and 2014 to meet its strategic and operational goals.

Outlook

Given our trading in the year to date, the Board's expectations for the full
year remain unchanged and within the current range of market expectations.

Order intake, which in the first half of the year was down 22% on a
like-for-like basis

compared with the preceding first half, has since remained reasonably steady.
However, reduced levels of construction expenditure around the world have, as
expected, resulted in tighter pricing which will generate lower margins until
our markets recover.

Keller will issue a routine pre-close statement in respect of the year ending
31 December 2009 on 18 December 2009.

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 7360 4900
                                                                               
Reg Hoare/Will Henderson