Acquisition(s)

Wood Group Acquires Producers Assistance Corporation HOUSTON, January 11, 2008 - A subsidiary of John Wood Group PLC ("Wood Group") has acquired Houston-based Producers Assistance Corporation ("PAC"), a leading provider of technical operations and maintenance support services to the U.S. onshore oil and gas industry. PAC had revenues of around $33 million for the year ending December 2007, and gross assets of $6.6m as at December 31, 2007. PAC's workforce of more than 300 people services facilities in a number of U.S. states, including Texas, Louisiana and New Mexico. The existing management team, including its co-founders, President Mitch Fralick and Executive Vice President John Knapp, will continue to lead the business. PAC will operate together with Wood Group Production Services, which is a leader in operations and maintenance services for offshore Gulf of Mexico facilities. "The acquisition of PAC provides Wood Group with a wider presence in the onshore U.S. production market," said Les Thomas, Group Director and Chief Executive of Wood Group's Production Facilities activities. "PAC's strong management team, proven track record of long-term customer relationships, and an outstanding focus on HSE, personnel development and competence management are an excellent complement to Wood Group's existing business." "We are very excited about becoming a part of the Wood Group family. It was apparent early on that our companies have the same core values of building and nurturing relationships with employees and clients," said Mitch Fralick. "Wood Group has the resources, infrastructure and diversified services to enable PAC to expand its package of operations and maintenance support services to the industry. We believe becoming part of Wood Group will accelerate the implementation of our strategic growth plan." -end- Wood Group is an international energy services company with more than $4.0bn sales, employing 22,000 people worldwide and operating in 46 countries. The Group has three businesses - Engineering & Production Facilities, Well Support, and Gas Turbine Services - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide. Wood Group Production Services is a leader in providing operations and maintenance (O&M) services on a total management or integrated basis. Scalable, integrated O&M solutions realizing the need for service compatibility throughout the life of an asset are designed to suit individual client requirements. WGPS' total support capabilities-including qualified personnel, integrated services, navigation aids and safety systems, compressor and engine maintenance, and customized state-of-the-art supervisory control and data acquisition (SCADA) and systems integration services- are provided to Gulf of Mexico inland, shelf and deepwater operations and internationally Media enquiries - Contact: Bobbie Ireland Director, Corporate Communications - Americas +1 281 828 3505 Cell: +1 713 515 3571 bobbie.ireland@woodgroup.com Contact: Carolyn Smith Director, Corporate Communications - Eastern Hemisphere Wood Group Tel: +44 (0) 1224 851 099 carolyn.smith@woodgroup.com Investor and analyst enquiries - Contact: Nick Gilman Group Head of Investor Relations and Corporate Communications Tel: +44 (0) 1224 851 404 nick.gilman@woodgroup.com ###
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