Trading Statement

Keller Group PLC
20 November 2000


                 Keller Group plc ('Keller' / the 'Company')                  

                                TRADING UPDATE                                


In response to market conditions, the Company has undertaken a strategic
review of its operations and has implemented various measures to restructure
its business.  As a result of these measures, the Company will incur
exceptional costs of some £1.1 million in the year to 31 December 2000 which
will result in cost savings of £2.0 million in a full year.  These costs,
together with the effects of delayed starts on a number of major contracts,
mean that Keller is likely to report a profit pre-exceptionals and goodwill
amortisation for the year somewhat below current market expectations. 

The Company is, however, pleased to report that the contracts delayed in the
third quarter of 2000 are now scheduled to commence in the first quarter of
2001 and that there has been an excellent order intake in the first weeks of
the fourth quarter.  As a result, Keller's order books currently stand at
record levels, some 30% ahead of last year, on a like for like basis.   This
should ensure that the Company is in a strong position to achieve a good
performance in 2001. 

In view of this, the Directors currently anticipate recommending a final
dividend for the year to 31 December 2000 in line with market expectations.

For further information, please contact:-

Keller Group                                               020 8341 6424
Tom Dobson, Chief Executive
Justin Atkinson, Finance Director

GCI Financial                                              020 7398 0800
Stephanie Highett / Nicholas Lambert