PFI Financial Close

Galliford Try PLC
22 December 2005




                     GALLIFORD TRY ACHIEVES FINANCIAL CLOSE
                   ON £192M EDUCATION PFI IN NORTHAMPTONSHIRE

Galliford Try plc, the construction and housebuilding group, today announced it
has achieved financial close on a £192 million PFI project for construction work
at 41 schools in Northamptonshire. The project is the largest education PFI
scheme in the UK to date with construction to be carried out over three years.

The scheme is an integral part of Northamptonshire County Council's transition
to a new two tier educational system, with new build projects amounting to 80 
per cent of the workload, the remainder being the upgrading of existing 
facilities.

Greg Fitzgerald, Chief Executive of Galliford Try, commented:

'We are delighted to be working with Northamptonshire County Council to improve
the educational facilities within the County. This project builds upon our
significant experience in education and highlights the importance of the sector
with Government expenditure continuing as it develops its 'Building Schools for
the Future' programme'.


For further enquires please contact:

Greg Fitzgerald, Chief Executive Galliford Try     01895 855 219

Frank Nelson, Finance Director Galliford Try       01895 855 226

Ann-Marie Wilkinson     Bell Pottinger Financial   020 7861 3232

Geoff Callow            Bell Pottinger Financial   020 7861 3232





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