AGM Statement

Keller Group PLC 9 May 2002 9 May 2002 Keller Group plc AGM Statement and Trading Update Dr Michael West, Keller Group Chairman, speaking at the Company's Annual General Meeting at 11.00am this morning, will make the following comments to shareholders: 'Against the backdrop of a successful year in 2001 and in line with my comments at the time of the preliminary results, the current year has started extremely well. We have seen a recovery in some of our key European markets, our Asian markets are strong and our US businesses show no signs of slowing. The performance of the Suncoast business continues to be on target. In the first three months of 2002, contract awards were well ahead of the first quarter in 2001, on a like-for-like basis. Order intake has remained robust in America and has more than doubled in our Continental Europe and Overseas businesses, when compared with the same period last year. The total order book stood at just under £200 million at the end of March 2002, the majority of which is expected to be completed within the next six months. Key new orders include two sand compaction contracts for land reclamation projects in Singapore, with a combined value of €27.8 million (£17.4 million), while in Kentucky, Case was awarded a $8.6 million (£5.9 million) caisson project, which will enable new highway and railway bridges to be built over the Tennessee River. In the UK, Keller has started preliminary works on a contract for piling to support elevated sections on the Channel Tunnel Rail Link project, whilst reactive maintenance services will take Makers into a new line of business with good growth prospects. Looking ahead, the board remains confident about the out-turn for the year.' For further information, please call: Tom Dobson Chief Executive 020 8341 6424 Justin Atkinson Finance Director 020 8341 6424 Jackie Holman Company Secretary 020 8341 6424 Peter Gaze Weber Shandwick I Square Mile 020 7950 2800 Laurence Read Weber Shandwick I Square Mile 020 7950 2800 This information is provided by RNS The company news service from the London Stock Exchange

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Keller Group (KLR)
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