COST Costain Group Plc

RNS No 1142m
COSTAIN GROUP PLC
6th November 1997


Announcement of the result of the Open Offer


The Board of Costain Group PLC, the international engineering and
construction group, announces that by 3.00p.m. on Wednesday, 5th
November, 1997 being the last time for acceptance and payment in
full for the 130,000,000 New Ordinary Shares offered to
Qualifying Shareholders under the Open Offer at 40p per share,
acceptances had been received in respect of 59,837,098 New
Ordinary Shares, representing 46.03 per cent of the total number
of New Ordinary Shares offered.

Accordingly under the terms of the underwriting arrangements set
out in the circular to shareholders dated 10th October 1997 and
subject to listing, 25,562,500 New Ordinary Shares will be
allotted to Skanska, as primary underwriter, and 44,600,402 will
be allotted to the Company's bank syndicate.  Any New Ordinary
Shares in respect of which acceptances have been received, but
the accompanying payment does not clear on first presentation,
will also be allotted to the Company's bank syndicate.

In accordance with the announcement on 3rd November, 1997 the
Company expects the suspension of the Stock Exchange listing of
it's shares to be lifted on Friday, 7th November 1997 and that
dealings will commence on that day.

Enquiries:

Costain Group PLC  John Armitt              0171 705 8514
                   Chief Executive

Brunswick          Rebecca Blackwood        0171 404 5959




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