Contract Win


 

TIDMCOST 
 
RNS Number : 6121O 
Costain Group PLC 
10 March 2009 
 

COSTAIN GROUP PLC 
("Costain" or the "Group") 
 
 
Costain wins major AMP5 contract award from Severn Trent 
 
 
Costain announces that it has won a major 10-year contract with Severn Trent, 
having an estimated value of GBP400 million, commencing with the next Asset 
Management Period, AMP5, which begins in April 2010. 
 
 
The contract from Severn Trent is one of eleven awarded by the company which are 
for an integrated design and build model and which have been awarded a year 
early in order for the companies involved to be able to begin on their design 
and planning work. 
 
 
Full details of the 2010-15 contract will be finalised once the outcome of 
Ofwat's price review (PR09) is known. 
 
 
Andrew Wyllie, Chief Executive of Costain, said: 
"This is a significant win for Costain and it is particularly pleasing to 
announce a framework contract win from a new customer. The Group is the 
recognised leader in the water sector and this award from Severn Trent 
underlines our outstanding reputation in the industry." 
10 March 2009 
 
 
 
 
+----------------------------------------------+-------------------------+ 
| ENQUIRIES:                                   |                         | 
+----------------------------------------------+-------------------------+ 
| Costain Group PLC                            |      Tel: 01628 842 444 | 
+----------------------------------------------+-------------------------+ 
| Graham Read, Communications Director         |                         | 
+----------------------------------------------+-------------------------+ 
|                                              |                         | 
+----------------------------------------------+-------------------------+ 
| College Hill                                 |      Tel: 020 7457 2020 | 
+----------------------------------------------+-------------------------+ 
| Mark Garraway                                |                         | 
+----------------------------------------------+-------------------------+ 
| Adam Aljewicz                                |                         | 
+----------------------------------------------+-------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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