AGM Statement

Galliford Try PLC
27 October 2006


                                GALLIFORD TRY PLC

                        ANNUAL GENERAL MEETING STATEMENT


David Calverley, Chairman of Galliford Try plc, will make the following comments
at the Annual General Meeting of the Company to be held at 12:00 noon today:

'The past year has transformed the business. Galliford Try has become one of the
UK's major construction businesses following the acquisition of Morrison
Construction in March and the acquisition of Chartdale Homes in February has
significantly accelerated the expansion of our housebuilding division. The
integration of these companies has gone well and we now have a combined business
that will generate revenues of significantly over £1 billion in the current
year.

Our construction businesses have continued to perform well in the first quarter
of the year. Cash generation has remained good since the financial year end with
month end balances exceeding those at 30 June 2006. Our total construction order
book stands at £2.4 billion.

Following the Morrison acquisition, we reorganised our construction activities
into building and infrastructure divisions. In building, we are now one of the
UK's premier contractors. From regional centres in Scotland and throughout
England we are taking advantage of good opportunities in the specific market
sectors in which we operate, affordable housing, commercial, education, health,
interiors and leisure. We are making good progress on our multi-school PFI
projects in Northamptonshire and the Highlands of Scotland, and have started
work on the two city academy projects that we secured since the year end.

Our infrastructure division is focused on water, highways, rail, ground
remediation, engineering and renewable energy. With 90% of its work already in
long term frameworks it continues to be successful in securing new projects.
Last week we announced the award of a £79 million construction contract for
Europe's largest on-shore wind farm at Whitelee, Scotland, underlying our
pre-eminent position in this important growth market. With extensions to our
framework contracts for Scottish Water worth £130 million secured since the year
end and the award of a four year framework for the remediation of Olympic Park
in east London, we have demonstrated our appetite and scope for growth.

Sales in our housebuilding division since the start of our new financial year
are significantly higher than last year as demand for our homes remains strong.
We have currently either reserved, contracted or completed sales with a value of
£164 million, a 20% increase over a year ago, representing around 58% of our
projected sales for the year to 30 June 2007. We have recently secured a number
of quality sites, without increasing our proportion of apartment developments,
and our landbank currently stands at 4,404 units, up from 2,492 a year ago.
Boosted by the acquisition of Chartdale Homes, we are confident of our ability
to continue to expand the business.

We are strengthening our banking arrangements to facilitate our expansion plans
and have agreed improved commercial terms for a new £225 million facility with
HSBC, Barclays and the Royal Bank of Scotland.

Our businesses are performing well and we are operating in markets with good
potential. Our financial position is strong and we have started the year in line
with our expectations. We believe that our prospects for further growth both for
this year and beyond are good.'

David Calverley
Chairman
27 October 2006



Further enquiries to:

Ann-marie Wilkinson/Geoff Callow     Bell Pottinger 
                                     Corporate & Financial         020 7861 3232



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