Chairman's Statement

Morgan Sindall PLC
11 April 2000


Morgan Sindall plc

AGM Statement

At the AGM held today where all resolutions were passed, John Morgan,
Executive Chairman, made the following statement:

'I am pleased to announce that the following Board changes have today been
approved by shareholders.

John Morgan will take on the role as Executive Chairman. Andy Stoddart,
currently Operations Director, will assume the position of Managing Director.
Sir Derek Hornby will retire as Non-Executive Chairman. He will remain as a
non-executive director of the Group. On 24 March, we announced the
appointment of Paul Whitmore to the Board as Commercial Director.

These changes reflect the need to ensure separate focus on strategic and
operational issues as the Group develops and give us a strong position to
pursue our expansion strategy.

In February I stated that the construction market continued to be strong and
our order books were higher than last year.  I am pleased to confirm that
these favourable conditions continue.  However, due to the timing of some
contracts which will now be completed in the second half, turnover and
profitability will be more than previously weighted towards the second half.
The timing of these contracts is immaterial to our budget for the year, which
as a whole we are confident will be achieved.'

ENQUIRIES:

Morgan Sindall plc                           Tel: [phone]
John Morgan, Executive Chairman
John Bishop, Finance Director

College Hill                                 Tel: [phone]
Matthew Smallwood
Kate Pope