Wood Group update on the proposed acquisition o...

4 March 2011

John Wood Group PLC ("Wood Group") update on the proposed acquisition of PSN

Wood Group, the international energy services company, welcomes today's
announcement by the OFT not to refer Wood Group's proposed acquisition of PSN
to the Competition Commission.  The full decision of the OFT is expected to be
published in the next few weeks and Wood Group now expects completion of the
acquisition to take place towards the end of April subject to, among other
things, satisfactory completion of the UK merger control process or waiver of
that condition by Wood Group.

-ends-

Note to Editors:

Wood Group is an international energy services company with approximately $5 bn
sales, employing approximately 29,000 people worldwide and operating in 50
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.

For further information contact:

Carolyn Smith, Corporate Communications - Eastern Hemisphere

Tel: [phone], email: [e-mail]