Acquisition

Keller Group PLC
06 October 2006



For immediate release                                     Friday, 6 October 2006


                                Keller Group plc

                        Acquisition of Anderson Drilling


Keller Group plc ('Keller' or 'the Group'), the international ground engineering
specialist, announces the completion of an acquisition in the US.

The Group has acquired Anderson Drilling ('Anderson'), which is based in San
Diego, California, and also has facilities in Los Angeles, Las Vegas and Denver.
Anderson is a provider of heavy foundations, serving the commercial, industrial
and public infrastructure markets on the West Coast of the US. A
long-established and well-respected business, with strong management, Anderson
has successfully expanded in recent years and its markets continue to offer good
growth potential.

The total consideration for Anderson comprises an initial amount of around $20m
(£10.7m), including the assumption of debt, together with an earn-out based on
future profits. Anderson is expected to report annual sales of around $50m
(£26.7m) in the year ending 31 December 2006, showing strong growth over 2005,
and the acquisition is expected to be earnings-enhancing in 2007.

The acquisition represents an excellent strategic fit with the Group's existing
US businesses and will facilitate the growth of Keller's business on the West
Coast of the US, where it is currently under-represented in heavy foundations.
Together with the previously announced acquisitions of Phi in the UK and Piling
Contractors in Australia, Keller has acquired three businesses in 2006 for a
total initial consideration of around £25m, adding annualised sales of some
£60m.

Commenting on the acquisition, Justin Atkinson, Chief Executive of Keller, said:

'We are pleased to have completed the purchase of Anderson, which represents an
excellent strategic fit with our existing US businesses and will enable us to
build on our position as foundations market leader in the US.

'Once again, this demonstrates Keller's ability to make complementary, bolt-on
acquisitions which, together with the organic development of our existing
businesses, reflects our strategy for delivering continued long-term growth.'


For further information, please contact:

Keller Group plc                                     www.keller.co.uk
Justin Atkinson, Chief Executive                     020 7616 7575
James Hind, Finance Director

Smithfield                                           020 7360 4900
Reg Hoare/Rupert Trefgarne




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