BSF Contract Win

Costain Group PLC
16 January 2006

Costain Group PLC

('Costain' or 'the Group')



'Building Schools for the Future' Contract


Costain, as part of the Integrated Bradford consortium, has been selected by
Bradford Council to deliver its Building Schools for the Future ('BSF')
programme.  The partnership with Bradford Council, to deliver 21st century
learning environments to the city of Bradford, is worth approximately £400
million to the consortium over a 30-year period.


The first phase of the project will deliver three fully operational new schools
by 2008, with a second phase creating further new schools that integrate special
needs facilities with mainstream secondary education. The construction services
will be delivered by Costain in joint venture with Ferrovial Agroman.


Following the construction phases of the contract, the consortium will take
responsibility for the facilities management of the schools, incorporating
services from caretaking through to cleaning, ground maintenance and security.


Once negotiations are complete, the Council, together with the Integrated
Bradford consortium and Partnerships for Schools, the Government's
Non-Departmental Public Body established to deliver the BSF programme, will form
and jointly own a Local Education Partnership, which will plan and implement the
Council's education transformation programme.

Alistair Handford, Costain PFI Director, said:

'This programme will generate significant improvements in the opportunities for
young people in Bradford as well as providing modern education facilities that
will benefit the wider community.'

Andrew Wyllie, Costain Chief Executive, said:

'We are delighted to be Preferred Bidder on this prestigious contract.  Bradford
is only the second Local Authority in the UK to appoint a BSF private sector
partner, and following our contract wins towards the end of last year in Ealing
and Kent is a testament to our growing presence in both the education and PFI
sectors.'



                                                                 16 January 2006




Enquiries:

Costain Group PLC                                     Tel: [phone]
Graham Read, Public Relations


College Hill                                          Tel. [phone]
Matthew Gregorowski



Notes to Editors:


BSF is the Government's biggest investment in education for half a century,
intended to promote a new approach to the design, construction and operation of
secondary schools. During the next 10-15 years, the programme will renew and
rebuild all the secondary schools in England, creating learning facilities that
exploit information and communications technology, supported by operational
services that allow teachers to focus on teaching.


                      This information is provided by RNS
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