Trading Statement

Carillion PLC
16 January 2003

Carillion plc trading update

Carillion plc, the business and construction services group, is providing this
update on trading for the year ended 31 December 2002, in advance of its
preliminary results announcement on 12 March 2003.

Trading in the second half of the year continued to meet our expectations and
the Group's full year result, before the exceptional item already announced, is
expected to be in-line with the current consensus forecast.

In 2003, we expect increasing opportunities to grow our Business Services and
PPP Investment activities alongside a broadly stable and well-balanced
Construction Services business, which benefits from having strong market
positions.

Our recent appointment as preferred bidder for the Oxford Radcliffe Hospitals
PPP project is an excellent example of such opportunities.  Worth around £600
million for the Group, including construction and facilities management, this
will be our sixth PPP hospital and a further significant step in the development
of our healthcare business.  We therefore believe our strategy remains sound and
that the Group will make further progress in 2003.

 Carillion Chief Executive, John McDonough and Finance Director, Chris Girling,
     will host a telephone conference call on this statement at 0900 today.
          The number to call to join the conference is 0208 901 6901.



For further information

John Denning. Director Group Corporate Affairs, 01902 316426
John Davies, Corporate Communications Manager, 01902 316444

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