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Costain Group PLC

("Costain" or "the Group")

Costain secures place on Highways Agency Collaborative Delivery Framework

Costain, the engineering solutions provider, is pleased to announce that it has secured a place on the Highways Agency's five-year £5.0 billion Collaborative Delivery Framework, the largest ever framework for the improvement of England's motorways and major A roads.

Costain is one of five organisations appointed to Lot 3b for major projects valued between £100 and £450 million. The total value of Lot 3b within the overall Framework is anticipated to be circa £3.0 billion.

The Framework will carry out critical infrastructure projects, expected to include the technology-led Smart Motorways programme, and complex schemes such as the A14 Cambridge to Huntington.

Andrew Wyllie, Chief Executive of Costain, commented:

"The upgrading of our highways network is essential to improving connectivity between the various regions of the UK, and we are delighted to have secured a place on this important Framework.

"This award demonstrates the increasingly strategic nature of our long-term customer relationships, which has resulted in an order book comprising high quality repeat business with long term visibility and low risk."

10 November 2014

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