CONSORTIUM PREFERRED BIDDER ON SW SCOTLAND HUB

KIER CONSORTIUM PREFERRED BIDDER ON £500M SW SCOTLAND HUB

A consortium comprising Kier Project Investment, Equitix Holdings, Galliford Try Investments and John Graham Holdings (to be known as "The Alliance Community Partnerships") has been named as the preferred bidder for a new infrastructure hub in south-west Scotland to deliver over £500 million of public sector projects on behalf of The South West Territory Programme Board (in conjunction with the Scottish Futures Trust).

The Alliance Community Partnerships will deliver projects for 18 public sector bodies across Ayrshire, Dumfries & Galloway and Lanarkshire over ten years. The projects will include non-acute health, education, community and local authority-related work. Financial close is expected to take place in October 2012.

The programme of works forms part of the wider Hub programme, valued at over £1.4 billion.

Kier Group chief executive, Paul Sheffield, commented: "Kier has an excellent track record in project delivery within the public sector and brings a wealth of experience to the consortium. We look forward to working as part of The Alliance Community Partnerships team in delivering much-needed facilities for the local communities of south-west Scotland and adding value for them throughout the process."

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8.8.12

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Contacts

Paul Sheffield, Chief Executive, Kier Group 01767 640 111

Faeth Birch/Charlotte Whitley, RLM Finsbury 020 7251 3801