Re Joint Venture

Galliford Try PLC 25 June 2007 GALLIFORD TRY APPOINTED ON 500 HOME REGENERATION SCHEME IN DEVONPORT Galliford Try plc, the construction and housebuilding group, is pleased to announce that it has been appointed preferred development partner by Westco Properties Ltd, part of Devon and Cornwall Housing Association, for a major regeneration scheme in Devonport, Plymouth. The scheme, to be carried out in joint venture with Westco, will comprise the demolition and redevelopment of local authority estates to provide modern, mixed tenure homes. It is expected to provide up to 500 residential units over the lifetime of the project. Work is expected to begin in 2007 and to complete in 2013. Greg Fitzgerald, Chief Executive of Galliford Try, said: 'We are delighted to be working with Westco Properties on the Devonport redevelopment project and we look forward to providing high quality housing for the local community. This proves again Galliford Try's growing presence in the regeneration and affordable housing sectors.' - ENDS - Further enquiries to: Greg Fitzgerald, Chief Executive Galliford Try plc 01895 855 219 Frank Nelson, Finance Director Galliford Try plc 01895 855 226 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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