Purchase of Own Securities

Balfour Beatty PLC
11 March 2003

Balfour Beatty plc

11 March 2003

Purchase of Cumulative Convertible Redeemable Preference Shares of 1p

Balfour Beatty plc announces that it has today purchased for cancellation
11,328,652 Cumulative Convertible Redeemable Preference shares from Cazenove &
Co. Ltd at a price of 137p per share.

Enquiries:

Tim Sharp          Balfour Beatty plc                     020 7216 6800

Robert Constant     Cazenove & Co. Ltd                    020 7588 2828


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