Acquisition

Keller Group PLC
13 December 2000


           KELLER GROUP MAKES TWO STRATEGIC ACQUISITIONS IN EUROPE            

Keller Group plc ('Keller'), the global construction services group, announces
today that it has acquired two businesses, one in Sweden and one in
Switzerland, for a total cash consideration of £1.5m including deferred
purchase consideration.  These acquisitions widen Keller's coverage of the
major European markets.

MTS

Keller has acquired, for a cash consideration of CHF1.5m, the shares of
Minages et Traveaux Souterrains S.A., ('MTS'), a Swiss regional specialist in
anchors, micro piling and soil nailing, based in Martigny, Switzerland.

The acquisition of MTS, which had sales of CHF3m in 1999 will give Keller a
permanent presence in Switzerland.

LCM

In addition, Keller has acquired 50% of the shares of Lime Column Markteknik
AB ('LCM') from Peab AB, a leading Scandinavian construction and civil
engineering company.  LCM is a specialist provider of lime cement columns,
based in Gothenburg, Sweden.  The consideration, to be paid in cash, inclusive
of deferred consideration, amounted to DEM 3.03m.

LCM, founded in 1976, has the best collective resources in Europe for deep
stabilisation of soft soils with lime columns.  The company reported sales of
SEK37m in 1999.  The acquisition of LCM will provide Keller with access to the
Scandanavian, Polish and Baltic markets.  In addition Keller will provide an
enlarged platform to LCM with its modern equipment and expertise to offer
state of the art dry mixed lime column technology worldwide.

Commenting on the acquisitions, Tom Dobson, Chief Executive of Keller, said:

'The acquisition of MTS provides Keller with access to the large
infrastructure projects planned by the Swiss government over the next twenty
years while the investment in LCM gives us a new technology for the
improvement of soft soils and brownfield land with scope for expansion of this
technology into Keller markets.'


For further information, please contact:

Tom Dobson, Chief Executive          Keller Group plc        020 8341 6424
Justin Atkinson, Finance Director    Keller Group plc        020 8341 6424
Christopher Joll / Nick Lambert      GCI Financial           020 7398 0800