US Acquisition

Keller Group PLC
22 November 2001


22 November 2001


                 ACQUISITION STRENGTHENS KELLER'S U.S. MARKET

Keller Group plc ('Keller'), the global construction services group today
announces that its North American Hayward Baker business has acquired the
assets of Catoh Inc. in the United States.  The acquisition involves a total
cash consideration of $2.5m (£1.8m), but excluding debt of $1.6m (£1.1m)
discharged on completion.  This acquisition further strengthens Keller's
geotechnical market position in North America.

Catoh Inc., based in New York State, was founded in 1980 and has become a
regional market leader in specialty drilling, minipiles, and earth retention.
Catoh had sales of $6.4m (£4.5m) in the first nine months of 2001, and the
value of the net assets acquired is $2.5m (£1.8m).  Catoh's Founder and
President, Mr. Tom Begley, will remain with Hayward Baker during a one-year
transition period.

The acquisition will further Keller's strategy of achieving significant growth
in the New York market as Catoh is integrated with Hayward Baker operations in
the region.  The potential for such growth has been previously demonstrated by
numerous successful joint venture projects performed by Hayward Baker and
Catoh over the last two years.  A current joint venture project includes
extensive soil anchor and dewatering work to stabilise the basement walls at
Ground Zero of the World Trade Center during recovery operations.

Tom Dobson, Keller Group plc Chief Executive, said:

'This expansion of operations in the U.S. comes on the back of £135.7m of
recently awarded contract wins worldwide, 41% of which were generated by our
North American operations.' He continued: 'With a proven record of successful
integration and our considerable experience of working directly with Catoh, I
am confident this acquisition will soon enhance the services and opportunities
that Keller can offer the U.S. geotechnical market.'

For further information, please contact:

Peter Gaze             Golin/Harris Ludgate                        07775 892544
Laurence Read          Golin/Harris Ludgate         020 7324 8505/07979 955 923