Re Contract

Balfour Beatty PLC
25 May 2006


25 May 2006


  BALFOUR BEATTY AWARDED £115 MILLION KING'S CROSS NORTHERN TICKET HALL PROJECT
  =============================================================================

Balfour Beatty, the international engineering, construction and services group,
announces today that its subsidiary, Balfour Beatty Civil Engineering, has been
awarded a contract to construct a new Northern Ticket Hall as part of the phased
development of King's Cross St. Pancras Underground station.

Mobilisation for the new below ground ticket hall has already commenced and
construction will start in summer this year. Completion will allow the
Underground station to handle an anticipated 92,000 passengers during the daily
morning peak by 2011. The works will be undertaken without impeding the
station's 80 million annual passengers. Partial completion of the works in 2008
will allow access for Network Rail to proceed with redevelopment of the mainline
station. Works at both the Underground and mainline station will be completed in
good time for the 2012 Olympics.

Ian Tyler, Balfour Beatty Chief Executive, commenting on the award today, said:

'We are very pleased to have been awarded the contract for delivery of this key
London and Olympic infrastructure. Three Balfour Beatty Group companies will be
involved in providing an integrated solution to London Underground's needs.'

The scope of the work is predominantly below ground and comprises the
construction of the Northern Ticket Hall adjacent to King's Cross main railway
station. It includes construction and fitout of a three-storey concrete box
which will provide improved access to the Northern, Piccadilly and Victoria
lines via banks of new escalators and Mobility Impaired Person (MIP) lifts.
Fitout works include both architectural finishes and the installation of a full
range of building services.

Balfour Beatty Civil Engineering is leading the integrated team that includes
Balfour Kilpatrick undertaking the mechanical and electrical works. The team
will also be supported by Stent, the Balfour Beatty ground improvement
contractor.

                                      ENDS

Enquiries to:
Tim Sharp
Tel: [phone]
www.balfourbeatty.com



Notes to Editors

1. Balfour Beatty Civil Engineering delivers engineering solutions for minor
works through to major infrastructure projects. It offers a wide variety of
services to customers ranging from construction-only works to complex
asset-based, service-driven solutions.

2. Balfour Kilpatrick is an engineering services organisation operating within
the multi-services and power systems sector of the electrical and mechanical
construction industry. Expertise covers electrical, mechanical, instrumentation
and building services.

3. Stent Foundations is one of the UK's leading piling and ground engineering
contractors with a broad geotechnical base.

5. Balfour Beatty is a world-class engineering, construction and services group,
well positioned in infrastructure markets which offer significant long-term
growth potential. Its partnerships with public and private customers generate
secure, sustainable income. Its financial position, with significant net cash
and with strong operating cash flows, offers continuing flexibility to add
additional capacity and expertise to the business mix and to make appropriate
investments in PPP and other long-term growth opportunities.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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