Re Joint Venture

Galliford Try PLC
11 April 2003

11 April 2003



                               GALLIFORD TRY PLC


                        CHANGE IN JOINT VENTURE PARTNER


Galliford Try notes that Wiggins Group plc has today announced that it has sold
its 50% share in its joint venture with Galliford Try to develop the former
Fairfield Hospital site near Letchworth, Bedfordshire to Linden Limited.



David Calverley, Chief Executive of Galliford Try commented:



'We are delighted to welcome a new joint venture partner, especially a quality
developer such as Linden.  We have collaborated with Linden on a number of
residential projects, and are currently working with them on a joint development
in Mill Hill.  Their acquisition of this interest clearly endorses the potential
of the development.



Having recently secured all the outstanding consents to permit development of
the 44 acre site to proceed, construction of the roads and other infrastructure
works is now commencing, and the first tranches of the site to be sold on to the
contracted housebuilders are expected to complete in the autumn of this year.'





                                    - ends -





For further information:



David Calverley, Chief Executive:     01895 855219
Frank Nelson, Financial Director:     01895 855221



Ann marie Wilkinson/James Chandler    
Beattie Financial                     020 7398 3300






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