21st Dec 2007 11:03
Carillion PLC21 December 2007 21 December 2007 Carillion completes sale of equity in Public Private Partnership projects Carillion plc announced on 18 December 2007 that it had reached agreement on thesale of equity investments in three Public Private Partnership projects to LandSecurities Trillium and that the sale was expected to generate cash proceeds of£21.5 million and an exceptional profit of a broadly equal amount. The sale has been completed in line with the previously announced terms. Notes to editorsThe three projects in which Carillion has sold its equity holdings are the GreatWestern Hospital, Swindon, Harplands Hospital, North Staffordshire and GlasgowSouthern General Hospital (Langlands). Details of these projects can be foundon Carillion's website at www.carillionplc.com/privatefinanceCarillion is one of the UK's leading support services, construction and PublicPrivate Partnership project companies. The Group has annual revenue of around£4bn, employs over 40,000 people and operates across the UK, in the Middle East,Canada and the Caribbean.In the UK, Carillion has eight principal market sectors - Defence, Education,Health, Building, Facilities Management and Services, Roads, Rail and CivilEngineering. In the Middle East, the Group's two principal market sectors are Constructionand Facilities Management. In Canada and the Caribbean, the Group's mainsectors are Health, Roads Maintenance and Construction. The Group is a leader in Public Private Partnership projects, particularly inthe Defence, Education and Health sectors in the UK and in the Health sector inCanada. This and other news releases relating to the Group can be found atwww.carillionplc.com. For further information contact John Denning Director Group Corporate Affairs Carillion plctel (00) 44 (0)1902 316426 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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