RNS Number : 0174B
  Costain Group PLC
  11 August 2008
   

    Costain Group PLC 
    ("Costain" or the "Group")

    Costain Wins Major Waste Contract


    Costain is pleased to announce that it has been awarded a �120 million contract by Swiss plant construction company Von Roll Inova to
design and construct the civil engineering and building of the Riverside Resource Recovery facility at Belvedere in south-east London.

    Construction work on the main site started in July this year. Costain is providing design, site infrastructure and building works for
the main building, jetties, roads and offices.

    Overall investment in the project is seen at �350 million. The completed facility will be able to process up to 585,000 tonnes of
London's residual waste from 2011 and will be able to generate electricity for 66,000 homes.  

    The new facility will enable the majority of the waste to be transported by river in place of upwards of approximately 100,000 lorry
trips per annum.  

    Andrew Wyllie, Chief Executive, commented:

    "This contract award is an important step forward in the development of Costain's activities in the Waste market.  It significantly
strengthens our credentials for future work in the expanding area of cleaner energy generation and waste resource management."

    11 August 2008

 ENQUIRIES:

 Costain Group PLC              Tel: 01628 842 444
 Graham Read, Public Relations

 College Hill                   Tel: 020 7457 2020
 Mark Garraway
 Adam Aljewicz





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