New Contract Wins

Mears Group PLC 15 April 2008 15 April 2008 Mears Group PLC ('Mears Group') £57 million of new contract wins for Social Housing Division Mears Group is pleased to announce further new contract wins by its social housing division as follows: Watford Community Housing Trust We are very pleased to announce that Watford Community Housing Trust (WCHT) have appointed us, subject to contract and to completion of the Trust's leaseholder consultation process, as one of two partners for a 5-year Decent Homes partnership. The contract is worth approximately £33 Million over the 5-year period for each partner. The services provided include the replacement of kitchens, bathrooms and external upgrade works. We are also to be appointed, subject to contract, as a partner on an innovative framework arrangement for capital works and maintenance, set up as a Central Purchasing Body, which WCHT have established to enable other social landlords to purchase similar services on the terms agreed with WCHT. Castle Morpeth Housing The Company has been appointed to assist Castle Morpeth Housing deliver a major works, improvement and repair programme to the recently transferred housing stock. The partnership is for an initial term of 4 years and Mears' share is valued at £12 million for this period, other partners have been appointed and the total scheme is valued at £32 million. This partnership is a valued addition to Mears' North East business. Catalyst Communities Housing Association We are pleased to have secured a further partnership with Catalyst to provide voids and major cyclical maintenance repairs services. The contract is worth £12 Million over 4 years and supports our strategy of growing our business with existing customers. Commenting, Bob Holt, Chief Executive of Mears Group, said: 'These new wins by our social housing division add additional important contracts to our order book which is at record levels and we believe that Mears is in a very strong position to benefit further from our current bid pipeline.' -ends- Enquiries: Mears Group PLC Bob Holt, Chief Executive tel: 07778 798 816 Andrew Smith, Finance Director tel: 07712 866 461 www.mearsgroup.co.uk Threadneedle Communications Trevor Bass/Alex White tel: 020 7936 9666 Nominated adviser to Mears Group PLC - Investec Keith Anderson/Daniel Adams tel: 020 7597 5970 Hansard Group John Bick tel: 07872 061007 This information is provided by RNS The company news service from the London Stock Exchange

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