AGM Statement

18th May John Wood Group PLC ("Wood Group") Chairman's Annual General Meeting (AGM) Statement "Confident of achieving strong growth in 2006" At today's AGM, Sir Ian Wood, Chairman & Chief Executive of Wood Group, the international energy services provider, said: "In very healthy oil & gas markets, we are seeing strong demand for our products and services. Our global presence, with our international recruiting and people development initiatives, is enabling us to meet this demand. We are also continuing to develop our geographic reach and broaden our service offering to improve our market positions. "In Engineering & Production Facilities, we are winning a range of new contracts with good activity levels in upstream, midstream and downstream. In Well Support, all our activities are performing strongly and we continue to grow in international markets. In Gas Turbine Services, we are seeing modest improvement in the North American power market. "We anticipate oil & gas markets will remain healthy and are confident of strong growth for the year in line with market expectations. Longer term, we believe our continuing investment in new business opportunities and in the knowledge and experience of our people will bring continuing success." ad 020 7404 5959
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