CLLN Carillion Plc

TIDMCLLN

RNS Number : 6314Z

Carillion PLC

21 September 2015

21 September 2015

Carillion Joint Venture selected to deliver GBP292 million A14 upgrade construction package for Highways England

Initial contract award for a pre-construction phase valued at nearly GBP0.5 million; full contract award subject to statutory approval of the wider A14 improvement scheme

Highways England has awarded a joint venture between Carillion and Balfour Beatty (50:50) the third construction package that forms part of the GBP1.5 billion planned improvement programme to upgrade the A14 between Cambridge and Huntingdon. The contract for this package of work, which has been awarded under Highways England's Collaborative Delivery Framework, will involve widening the existing A14 from Swavesey to Milton and is expected to generate some GBP292 million of revenue for the joint venture.

Construction work is expected to start in late 2016, subject to the outcome of the development consent order examination by the Planning Inspectorate, with the upgraded A14 open to traffic in 2020.

Carillion is the leading provider of training and apprenticeships in our sector and the joint venture will provide local communities with opportunities for training and apprenticeships by supporting an on-site construction skills academy to encourage industry entrants and skills development.

Carillion Chief Executive, Richard Howson said: "We are delighted to have been selected to deliver this package of the A14 improvement programme. This contract is firmly in line with our selective approach to construction, namely of focusing on large, high-quality projects for long-term customers. As a delivery partner of Highways England, we look forward to working collaboratively with Highways England and the other contractors who have been awarded packages under the A14 improvement programme to deliver this important upgrade to the strategic road network that will support regional and national economic growth."

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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