Disposal

Carillion PLC
11 October 2004


11 October 2004

Carillion to sell business in France

Support services and construction company Carillion plc has agreed to sell its
French civil engineering contracting and building business, Carillion BTP SA, to
the local management team, backed by Ciclad.

The sale price is expected to be some €15 million (£10 million), receivable in
cash. The value of net assets being sold is approximately £11 million. In 2003,
Carillion BTP generated an operating profit of some £2 million.

Commenting, Carillion chief executive, John McDonough said: 'The sale of
Carillion BTP is in line with our strategy of focusing on selected growth
markets and strong risk management. It will enable us to concentrate the
investment of management time and resources on our chosen markets where we can
offer customers integrated solutions involving all our skills, from project
finance, through design and construction to maintenance and whole-life asset
management.'

The sale proceeds will be used by Carillion to pursue its strategy for growth
both organically and by acquisition.

Completion of the sale is expected in November 2004.

For further information
John Denning, Director Corporate Affairs,                           01902 316426

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