Carillion PLC
21 December 2007
21 December 2007
Carillion completes sale of equity in Public Private Partnership projects
Carillion plc announced on 18 December 2007 that it had reached agreement on the
sale of equity investments in three Public Private Partnership projects to Land
Securities Trillium and that the sale was expected to generate cash proceeds of
£21.5 million and an exceptional profit of a broadly equal amount.
The sale has been completed in line with the previously announced terms.
Notes to editors
The three projects in which Carillion has sold its equity holdings are the Great
Western Hospital, Swindon, Harplands Hospital, North Staffordshire and Glasgow
Southern General Hospital (Langlands). Details of these projects can be found
on Carillion's website at www.carillionplc.com/privatefinance
Carillion is one of the UK's leading support services, construction and Public
Private Partnership project companies. The Group has annual revenue of around
£4bn, employs over 40,000 people and operates across the UK, in the Middle East,
Canada and the Caribbean.
In the UK, Carillion has eight principal market sectors - Defence, Education,
Health, Building, Facilities Management and Services, Roads, Rail and Civil
Engineering.
In the Middle East, the Group's two principal market sectors are Construction
and Facilities Management. In Canada and the Caribbean, the Group's main
sectors are Health, Roads Maintenance and Construction.
The Group is a leader in Public Private Partnership projects, particularly in
the Defence, Education and Health sectors in the UK and in the Health sector in
Canada.
This and other news releases relating to the Group can be found at
www.carillionplc.com.
For further information contact
John Denning Director Group Corporate Affairs Carillion plc
tel (00) 44 (0)1902 316426
This information is provided by RNS
The company news service from the London Stock Exchange
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