Carillion contract win

Carillion PLC 08 May 2006 Carillion wins soft facilities management contract valued at £330 million for Britain's biggest hospital scheme Carillion's Sovereign Hospital Services has secured a £330 million facilities management contract as part of the redevelopment of St. Bartholomew's Hospital, in the City of London, and the Royal London Hospital, Whitechapel. Known as Barts and The London, the redevelopment is Britain's biggest hospital scheme under the UK Government's Private Finance Initiative. The contract, which will begin in July 2006 and includes the provision of patient and non-patient catering, cleaning, housekeeping, laundry, portering, receipt and distribution of goods, reception, security, telecommunications and transport, is valued at £30 million per year for an initial term of 11 years of the 42-year concession period. Commenting on the contract win, John McDonough, Carillion's chief executive said: 'We are delighted to be involved in the delivery of such essential services to Barts and The London NHS Trust which will manage the largest new hospital in the UK in the form of The Royal London as well as a Cancer and Cardiac Centre of Excellence at St. Bartholomew's.' Preliminary work has already begun and the first phase of construction is scheduled to be completed in 2010, with all construction finished in 2016. The hospitals will remain in operation during the construction period. Notes to editors The redevelopment of Barts and The London is Britain's biggest hospital scheme under the UK Government's Private Finance Initiative involving a £1 billion construction programme to be undertaken by Skanska, which is also responsible with its partners Innisfree and Equion (part of John Laing plc) for the financing, design, construction and operation of the hospitals for the 42-year term of the contract. Carillion is a leading provider of integrated solutions for buildings, infrastructure and services in the UK, with well-established businesses internationally. As a FTSE 250 company with annual revenue in the region of £4 billion and over 40,000 employees, the Group delivers high quality, cost-effective and sustainable solutions using its wide range of skills and resources. Its key target markets are health, defence, education and transport (rail and road infrastructure), building and facilities management and support services for public and private sector customers. Carillion is also a leader of Public Private Partnership projects and has a portfolio of 30 financially closed projects in which it has invested, or has commitments to invest, a total of approximately £171million of equity For further information contact Paula Manning on 01902 316444 This information is provided by RNS The company news service from the London Stock Exchange

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