Costain wins Highways Agency contract


 

TIDMCOST 
 
RNS Number : 1598C 
Costain Group PLC 
09 November 2009 
 

COSTAIN GROUP PLC 
("Costain" or "the Group") 
 
 
Costain appointed to Highways Agency maintenance framework contract for Midlands 
 
 
Costain announces that it has been appointed, in joint venture with Lafarge, to 
the Midlands Works Framework Contract 4 by the Highways Agency.  This framework 
has been established to undertake structural work, surfacing and roadworks in 
the Midlands Area up to a total framework value of GBP250 million over two 
years. 
 
 
This framework enables the Highways Agency to implement the Treasury's fiscal 
stimulus initiative and is also available to several Local and Unitary 
Authorities including Leicestershire, Northamptonshire, Derbyshire, 
Lincolnshire, Nottinghamshire, Rutland, Peterborough and Staffordshire. 
 
 
Commenting on the contract award, Andrew Wyllie, Chief Executive, said: 
 
 
"This framework appointment further strengthens Costain's position as a market 
leader in highways maintenance in the UK and supports our near-term visibility 
of forward earnings. " 
 
 
 
 
9 November 2009 
 
 
 
 
+--------------------------------------+--------------------------------------+ 
| ENQUIRIES:                           |                                      | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Costain Group PLC                    | Tel: 01628 842444                    | 
+--------------------------------------+--------------------------------------+ 
| Graham Read, Communications Director |                                      | 
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|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| College Hill                         | Tel: 020 7457 2020                   | 
+--------------------------------------+--------------------------------------+ 
| Mark Garraway                        |                                      | 
+--------------------------------------+--------------------------------------+ 
| Adam Aljewicz                        |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
 
 
 
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