PFI Financial Close

Galliford Try PLC
05 April 2005



                     GALLIFORD TRY ACHIEVES FINANCIAL CLOSE
                        ON £22M HEALTHCARE PFI IN EALING

Galliford Try plc, the construction and housebuilding group, today announced it
has achieved financial close on a PFI project to construct four residential care
homes in the London Borough of Ealing for a total construction value of £22m.

Working for Ealing Care Alliance, Galliford Try is part of a consortium
comprising Servite Houses and Barclays European Investment Fund. Construction
works will be carried out on the four sites, commencing April 2005.

David Calverley, Chief Executive of Galliford Try, commented:

'We are delighted to be working with our partners to make a step change in the
provision of residential care for the London Borough of Ealing. Our significant
involvement in the health sector, through both PFI and Local Improvement Finance
Trust (LIFT) projects, demonstrates an ability to meet our client's needs and to
take further advantage of the increasing opportunities for expanding our
workload in this important sector.'


For further enquires please contact:

David Calverley, 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


                      This information is provided by RNS
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