Re Joint Venture

Galliford Try PLC 06 March 2008 GALLIFORD TRY SECURES £445 MILLION M74 COMPLETION CONTRACT IN SCOTLAND IN JOINT VENTURE Galliford Try, the construction and housebuilding group, announces that Morrison Construction, part of its infrastructure division, has been awarded a contract, as part of the M74 Interlink joint venture, by Glasgow City Council to complete the M74 motorway in Scotland. Morrison Construction, together with its equal joint venture partners Balfour Beatty Civil Engineering, Morgan Est and Sir Robert McAlpine, will be responsible for a contract worth £445 million to design and construct an 8km extension to the M74. This extension will significantly reduce congestion on the busiest stretch of the M8 through Glasgow. Interlink M74 Joint Venture will now commence the detailed design in readiness for the commencement of construction work on site in May 2008. When complete at the end of 2011, the extension will link the M74 from where it currently ends, at Fullarton Road Junction near Carmyle, to the M8 just west of the Kingston Bridge. Greg Fitzgerald, Chief Executive of Galliford Try, commented: 'We are delighted to be awarded this major project which demonstrates our position as one of the leading infrastructure providers in Scotland. Our highways expertise forms an important part of our overall civil engineering capability which encompasses work for the water, rail, environmental, remediation and renewable sectors. We look forward to working with our partners to successfully deliver this important scheme.' ENDS Enquiries to: Greg Fitzgerald, Chief Executive Galliford Try 01895 855219 Frank Nelson, Finance Director Galliford Try 01895 855226 Ann-marie Wilkinson / Dan de Belder Bell Pottinger Corporate & Financial 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange
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