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Re Contract

7th Feb 2005 07:00

Kier Group PLC07 February 2005 KIER NAMED PREFERRED BIDDER FOR £26M IPSWICH TREATMENT CENTRE Kier Group plc announces that Prospect Healthcare, a joint venture comprisingKier Project Investment and HSBC, has been named preferred bidder for a new £26mtreatment centre for The Ipswich Hospital NHS Trust. The PFI contract involvesfinancing, designing, building and maintaining the facilities under a 30-yearconcession. The centre will be built by Kier Regional and will be maintained by Caxton FM, aKier Group company. Deena Mattar, Chairman of Kier Project Investment, commented: "Kier looksforward to working in partnership with the Trust to successfully deliver thisstate-of-the-art facility for the benefit of the local community." - ENDS - For further information, please contact: Deena Mattar, Finance DirectorKier Group plc Tel: 01767 640111 This information is provided by RNS The company news service from the London Stock Exchange

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