New Partnership Deal

Mears Group PLC 12 July 2004 Mears Group PLC - New Partnership Deal Mears Group PLC is pleased to announce its selection as a preferred partner for a 7 year contract worth up to £200 million with Sheffield City Council. Mears has achieved preferred partner status and is expected to provide a range of refurbishment works as part of the Government's Decent Homes Initiative. In conjunction with 4 other partners Mears will assist Sheffield with their £1 billion programme to upgrade the housing stock in the period up to 2011. Formal appointment is expected in October 2004 and the work is scheduled to commence in November 2004. The Group's order book now stands at in excess of £750 million and extends until 2019. Commenting on the award, Bob Holt Chairman of Mears said 'We are delighted to have been successful in being selected as a preferred partner for this long-term partnership contract. We look forward to working with Sheffield and to building a lasting relationship.' Ends This information is provided by RNS The company news service from the London Stock Exchange

Companies

Mears Group (MER)
UK 100

Latest directors dealings