Morgan Sindall wins ?30m contract

25 February 2010

LOVELL AWARDED £30M MAINTENANCE CONTRACT BY GLOUCESTER CITY HOMES

Morgan Sindall plc, the construction and regeneration group, announces today that Lovell, its affordable housing business, has been chosen by Gloucester City Homes (GCH) for a five-year £30 million housing repairs and maintenance contract.

The deal will see Lovell provide a reactive repairs service and deliver planned maintenance programmes for GCH, which manages 5,000 homes for Gloucester City Council. Under the contract, Lovell will also continue to carry out GCH's Decent Homes programme, including the installation of new kitchens, bathrooms and central heating systems, electrical and rewiring work, and other improvements. The company will also carry out adaptations for disabled residents and refurbish void properties.

The contract commences in April 2010.

Paul Smith, Chief Executive of Morgan Sindall plc, comments:

"We are delighted to secure this new contract with GCH. It builds on the successful working partnership which has developed between GCH and Lovell from 2007, when work first commenced on GCH's Decent Homes programme. The five-year contract is testament to our experience and ability to deliver a high quality maintenance service for social housing. This is a significant win for Lovell and marks the continuing expansion of the business."

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Editor's notes:

Morgan Sindall plc is a top UK construction and regeneration group which operates through five divisions of fit out, construction, infrastructure services, affordable housing and urban regeneration, which are supported by two specialist units of investments and professional services.

Lovell, which has offices throughout England Scotland and Wales, is one of Britain's leading providers of affordable housing.

ENQUIRIES:

Morgan Sindall plc Tel: 020 7307 9200

Paul Smith, Chief Executive

David Mulligan, Finance Director

Blythe Weigh Communications Tel: 020 7138 3204

Tim Blythe Mobile: 07816 924626

Paul Weigh Mobile: 07989 129658