Re Contract

Mears Group PLC
12 October 2007

12 October 2007

Mears secures £50m Response and Repairs Contract

Mears Group PLC is pleased to have won a 10 year contract, worth £50m, to carry
out response and repairs work for Midland Heart Housing Association. Midland
Heart is one of the top ten housing and regeneration groups in the country and
the largest based in the Midlands. The operation will be based out of
Wolverhampton where we have an existing partnership with Wolverhampton Homes.

Commenting on the contract win, Mears Chairman, Bob Holt, said 'We are 
delighted to be awarded a further partnership contract to strengthen our 
Midlands operation in Social Housing. The contract, which has been awarded for 
ten years, demonstrates a significant commitment from a client with whom we 
have not worked in the past. I am pleased that our development team have 
achieved another first class success in the year. The Group has now secured 
contracts during 2007 which exceed the value of awards in the whole of 2006.'

Enquiries:

Mears Group PLC
Bob Holt                   07778 798816
Andrew Smith               07712 866461
David Robertson            07887 705357

Threadneedle Communications
Trevor Bass                020 7936 9666
Alex White

Investec (Nominated adviser)
Keith Anderson             020 7597 5970
Michael Ansell




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