Interim Management Statement

Monday 16 April

AMEC plc Interim Management Statement

Highlights

·; Year-to-date trading in line with expectations

·; Order intake and forward visibility remain good

o Order book £3.7 billion (December 2011: £3.7 billion; March 2011: £3.1 billion)

·; £75 million of shares purchased under £400 million share buyback programme

AMEC Chief Executive Samir Brikho said:

"AMEC has performed in line with expectations in the first three months of the year.

 "We continue to see healthy demand for our services and investment in our end markets - underpinned by the positive industry trends, particularly in the oil and gas and mining sectors. We are confident that this will support double-digit underlying revenue growth in 2012.

 "The acquisitions made in 2011 are integrating well and the pipeline of further acquisition opportunities remains strong."

Guidance

Unless specifically addressed, guidance remains unchanged from that notified with the final results issued 21 February 2012.

Events

A conference call for analysts and investors will be hosted by Ian McHoul, Chief Financial Officer today at 8.30 am.

Next events

·; AMEC is holding its annual general meeting at 10.30 am on 19 April in London, UK. At the meeting, Chief Executive, Samir Brikho will update shareholders on the group's strategic progress and the outlook for 2012. No new price sensitive information will be presented.

·; AMEC is hosting two capital market seminars: Minerals & Metals 25 April; Clean Energy and Environment & Infrastructure 17 May.

·; AMEC expects to announce interim results for the six months ending 30 June 2012 on Thursday 9 August 2012.

Analyst consensus estimates are collated and published on AMEC's website on a periodic basis amec.com/investors/key facts.

Contacts

AMEC plc: +44 (0) 20 7539 5800

Samir Brikho, Chief Executive

Ian McHoul, Chief Financial Officer

Sue Scholes, Director of Communications

Nicola-Jane Brooks, Head of Investor Relations

Media

Brunswick Group LLP: + 44 (0)20 7404 5959

Mike Harrison

Craig Breheny

Forward looking statements

Any forward looking statements made in this document represent management's best judgment as to what may occur in the future. However, the group's actual results for the current and future fiscal periods and corporate developments will depend on a number of economic, competitive and other factors, some of which will be outside the control of the group. Such factors could cause the group's actual results for future periods to differ materially from those expressed in any forward looking statements made in this document.

Interim Management Statement 16 April 2012

Group performance

Group performance has been in line with expectations in the first three months of 2012.

Order intake remains strong and includes a mix of new contract awards, scope changes to existing contracts and negotiated work. The order book was £3.7 billion at March (December 2011: £3.7 billion; March 2011: £3.1 billion).

Recently announced orders reflect a growing position in the Middle East, an increase in nuclear asset support activity and the strength of strategic customer relationships.

·; In the Middle East, the Abu Dhabi Marine Operating Company (ADMA OPCO) awarded AMEC the project management consultancy (PMC) services contract for the 'execute phase' of the Nasr Phase 1 and Umm Lulu Phase 1 field development projects offshore Abu Dhabi. In addition, in April 2012 AMEC was awarded the PMC services contract for the Abu Dhabi Gas Liquefaction Company (ADGAS) for the front end engineering and design (FEED) phase of the flaring and emissions reduction project at their LNG facilities on the island of Das, further strengthening AMEC's business offering in the UAE.

·; AMEC was awarded two new nuclear contracts at the Sellafield site. The first is a three-year framework agreement to provide specialist environmental consultancy support on the Sellafield site. The second is a 15-year design support framework contract to provide Sellafield with the full range of engineering services for the development and refurbishment of new and existing facilities and for decommissioning. The latter was awarded to AMEC's AXIOM joint venture (JV).

·; AMEC has extended its clean energy capabilities with a contract to provide multi-disciplinary and professional services support to Anglesey's 'Energy Island Programme', which is focused on developing low carbon energy in the region.

·; Contract awards and project extensions announced in January highlighted the strength of AMEC's strategic customer relationships. BP awarded AMEC a £10 million contract to modify and extend its Kinneil Terminal in Scotland. National Grid awarded AMEC and its partners a five-year extension to the Electricity Alliance West contract, worth about £650 million. AMEC has approximately 48 per cent share of the JV. Finally, SABIC UK Petrochemicals Limited awarded two asset support contracts worth £70 million - both are extensions to existing contracts. In addition, in April 2012, the AMEC Clough JV was awarded two asset support contracts for repeat customers ENI and Chevron, in Australia.

The average number of employees was 27,242 in the period January to March (January to March 2011: 22,976 employees).

Financial position and net cash

AMEC announced an on-market share buyback programme of £400 million in February 2012, and to date the group has purchased 6,634,800 shares to the value of £75 million.

AMEC remains in a strong financial position with net cash at the end of March 2012 of approximately £468 million (December 2011: £521 million; March 2011: £627 million).

Management changes

Tony Cruddas, President of Growth Regions, retired at the end of March 2012. As an interim measure, he has been replaced by Growth Regions Vice Presidents Garry Dryburgh and Alan McLean. They will assume joint leadership and will report to Neil Bruce.

Outlook

The priority for 2012 remains to grow the business by continuing to deliver for customers whilst investing in AMEC's people.

AMEC is on track to deliver double-digit underlying revenue growth in 2012, despite the continued macro economic uncertainty. The strength of order intake, the continued demand for AMEC's services and the ongoing customer investment in AMEC's core markets are driving growth expectations.

Note to editors:

AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project management services to its customers in the world's oil and gas, minerals and metals, clean energy, environment and infrastructure markets. With annual revenues of some £3.3 billion, AMEC designs, delivers and maintains strategic and complex assets and employs over 27,000 people in around 40 countries worldwide. See amec.com.