Re Contract

Galliford Try PLC
23 February 2004



          GALLIFORD TRY SECURES £45 MILLION PFI EDUCATION PROJECT


23rd February 2004: Galliford Try plc, the construction and housebuilding group,
today announced it has been selected as the preferred bidder for the £45 million
new 1,500-place Caludon Castle School and Community College PFI Project in
Coventry.

The preferred bidder status was awarded to the Coventry Education Partnership,
which consists of Galliford Try in conjunction with Bilfinger Berger. The
project which includes design, build and operation has a total value of £45
million, including a £21 million capital build programme which will be
undertaken over the next two years.

The project includes the development of a new community campus facility that
incorporates state of the art education facilities surrounded by a sports and
leisure complex with a 25m swimming pool, as well as a community library
facility, a creche and nursery.

David Calverley, Chief Executive of Galliford Try, said:

'Education is one of our key target markets for growth and this is our second
preferred bidder award on a PFI education project in the last two months. Based
on our successful track record on such projects, this appointment reinforces our
partnering ethos and strategy of focusing on the public and regulated sectors.'


For further information please contact:

David Calverley/Frank Nelson, Galliford Try       01895 855001

Ann-marie Wilkinson/Caroline Stewart,
Bell Pottinger Financial                          0207 861 3232 / 07730 623815



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