CLLN Carillion Plc

TIDMCLLN

RNS Number : 6668T

Carillion PLC

22 July 2015

22 July 2015

Carillion Joint Venture awarded smart motorway contracts worth some GBP475 million

Carillion, in Joint Venture with Kier, has been awarded a contract by Highways England for a package of smart motorway works that have an estimated value of up to approximately GBP475 million.

This latest package involves the transformation of four sections of motorway in England into smart motorways, namely the M6 between Junctions 16 and 19 and the M6 between Junctions 13 and 15, on the M20 between Junctions 3 and 5 and on the M23 between Junctions 8 and 10.

Smart motorways use a range of innovative technologies and operating procedures, to monitor and control traffic flow actively. This includes variable mandatory speed limits and converting the hard shoulder to an extra traffic lane to reduce congestion and improve journey times and safety.

The Joint Venture is one of the Highways Agency's three delivery partners for the Smart Motorway Programme (SMP) and this latest award follows Carillion's successful role as a delivery partner for six similar schemes across the motorway network in England. This latest package will also be managed through a collaboration agreement under which the delivery partners will be able to share knowledge and best practice. Work on the first tranche of the package, M6 Junctions 16 to 19, is scheduled to begin in the Autumn of this year and the contract for this scheme is worth GBP129.5 million. The other tranches of the package are phased for delivery over the next four years and final target costs for these schemes will be agreed with Highways England.

Commenting, Carillion Chief Executive, Richard Howson, said: "As a leading supplier to Highways England, we are delighted to have been awarded this latest contract for the smart motorway programme. We look forward to continuing our strong relationship with Highways England to improve journey times and safety on the M6, M20 and M23 motorways".

Notes to Editors

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2014 of some GBP4.1 billion, employs around 42,000 people and operates across the UK, in the Middle East and Canada.

The Group has four business segments.

Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.

Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.

Middle East construction services - this includes building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

For more information

John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 316426

Finsbury

James Murgatroyd or Gordon Simpson +44 (0) 207 2513801

This information is provided by RNS

The company news service from the London Stock Exchange

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