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PFI Financial Close

22nd Dec 2005 12:25

Galliford Try PLC22 December 2005 GALLIFORD TRY ACHIEVES FINANCIAL CLOSE ON £192M EDUCATION PFI IN NORTHAMPTONSHIRE Galliford Try plc, the construction and housebuilding group, today announced ithas achieved financial close on a £192 million PFI project for construction workat 41 schools in Northamptonshire. The project is the largest education PFIscheme in the UK to date with construction to be carried out over three years. The scheme is an integral part of Northamptonshire County Council's transitionto a new two tier educational system, with new build projects amounting to 80 per cent of the workload, the remainder being the upgrading of existing facilities. Greg Fitzgerald, Chief Executive of Galliford Try, commented: "We are delighted to be working with Northamptonshire County Council to improvethe educational facilities within the County. This project builds upon oursignificant experience in education and highlights the importance of the sectorwith Government expenditure continuing as it develops its "Building Schools forthe Future" programme". For further enquires please contact: Greg Fitzgerald, Chief Executive Galliford Try 01895 855 219 Frank Nelson, Finance Director Galliford Try 01895 855 226 Ann-Marie Wilkinson Bell Pottinger Financial 020 7861 3232 Geoff Callow Bell Pottinger Financial 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange

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