Stock Exchange Announcement
28th April 2009
Carillion awarded rail contracts worth £111 million by Network Rail
Leading support services, Public Private Partnership and construction company Carillion, has been awarded two contracts by Network Rail - for the Airdrie-Bathgate Rail Link and the Great Eastern Overhead Line Enabling works - together worth £111 million.
The £80 million contract for the Airdrie-Bathgate Rail Link project includes the provision of new structures, stations, earthworks, ground treatment and filling operations up to ballast level and will be completed within eighteen months.
The contract forms part of a major project to improve rail links in Central Scotland that will provide a fully double-tracked and electrified line linking communities between Glasgow and Edinburgh, incorporating the existing Drumgelloch rail branch to the west and the existing Bathgate branch to the east.
The £31 million contract for the Great Eastern Line Enablement Works will be completed in 2012 and includes rewiring of the Great Eastern line from Liverpool Street to Chelmsford.
Carillion chief executive, John McDonough, said: 'These latest contracts follow a number of other recent successes in the rail infrastructure market, including a £90 million contract for the North London Line, an £80 million contract for maintenance of the East London Line and our appointment as one of seven framework contractors to deliver an additional £800 million of investment in track enhancements.
'These successes reflect the strong relationship we have with Network Rail and we look forward to working closely with Network Rail to deliver these important projects.'
For more information contact
John Denning, Director Group Corporate Affairs, +44(0) 1902 316426
Notes to Editors
Carillion is the UK's leading support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group has annual revenue of over £5 billion, employs around 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion's principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion's principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group's main sectors are Health, Roads Maintenance and Construction.
Carillion's portfolio of equity investments in Public Private Partnership projects includes projects in the UK and Canada, particularly in the Defence, Education, Health and Transport sectors.
This and other Carillion news releases can be found at www.carillionplc.com