Re Contract

Galliford Try PLC
22 June 2004

                   GALLIFORD TRY ACHIEVES FINANCIAL CLOSE FOR
                £60 MILLION NHS LOCAL IMPROVEMENT FINANCE TRUST

Galliford Try plc, the construction and housebuilding group, today announced
that it has entered into a 20 year framework partnering agreement for
construction services with Liverpool and Sefton Health Partnership Limited. As
part of the gbconsortium, it has achieved financial close on the NHS Local
Improvement Finance Trust (LIFT) for Liverpool and Sefton.

The first three projects, to be completed by August 2005, are a replacement
health centre at Ainsdale and new health centres at Everton and Litherland.
These projects are part of the first tranche which has a contract value of £20m
with the second tranche valued at around £40m. These initial tranches are
scheduled for completion by the end of 2007.

David Calverley, Chief Executive of Galliford Try commented:

'We are delighted to be working with Partnerships for Health and the Primary
Care Trusts in the Liverpool and Sefton NHS LIFT together with our gbconsortium
partners to deliver improved health facilities in the area.

This project demonstrates the value of our partnering approach to achieve our
growth objectives in the health market.'

Galliford Try and gbconsortium are also preferred bidders for the Barnet,
Enfield and Haringey NHS LIFT and Coventry NHS LIFT.

Enquiries to:

David Calverley, Chief Executive
Galliford Try                          01895 855219

Frank Nelson, Finance Director
Galliford Try                          01895 855226

Ann marie Wilkinson 
Bell Pottinger Corporate & Financial   0207 8613232



Notes:

1. LIFTs (Local Improvement Finance Trusts) are the Government's vehicle for
   attracting private sector finance and expertise to developing primary care
   centres. 42 LIFT companies will be set up across the country as joint
   ventures between Primary Care Trusts (20%), the private sector (60%) and
   Partnerships for Health (20%) a Government backed organisation leading the
   roll out of LIFT projects.

2. The gbconsortium comprises Bilfinger Berger, BHE Holdings, Sapphire Primary
   Care Developments and Galliford Try.

3. The Liverpool and Sefton Health Partnership comprises gbconsortium (60%),
   Partnerships for Health (20%) and the five Liverpool and Sefton Primary Care
   Trusts (20%).




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