Re Joint Venture (1950E)

TIDMDRV

RNS Number : 1950E

Driver Group plc

04 April 2011

DRV

4 April 2011

DRIVER GROUP PLC

("Driver" or "the Group")

DRIVER GROUP AFRICA

Driver, the global consultancy to the construction and engineering industries, is pleased to announce that its South African subsidiary (Driver Group Africa (Pty) Ltd) has signed a Joint Venture agreement with Evans & Peck, a part of the WorleyParsons group.

WorleyParsons Limited is a leading Australian based provider of professional consultancy services to the energy, resource, and complex process industries with annual revenue of AUS$ 5bn employing more than 30,000 staff worldwide. Evans & Peck is an international infrastructure-based advisory company that has supported governments and private organisations in the conception, development and delivery of major projects and programs throughout Australia, Asia and the Middle East.

The aim of the Joint Venture is to bring the combined capacity and expertise of Driver and Evans & Peck to the wider offering of Worley Parsons on targeted energy, resource and infrastructure projects in the African Region.

In addition, Driver Group Africa is pleased to have been selected as the preferred bidder for the provision of Transaction Advisory Services to the Gauteng Department of Health and Social Development for the PPP procurement of the proposed Dr. George Mukhari Hospital, in Gauteng, South Africa. The Driver Group team includes KPMG South Africa, DLA Cliffe Dekker Hofmeyr, Health Partners, EHH Architects and KV3/WorleyParsons Ltd.

The new Dr. George Mukhari academic hospital is part of the Hospital Revitalization Programme, and will be a Tertiary 2 and teaching hospitalwhich is anticipated to add between 600 and 800 beds providing for specialist and sub-specialist care. The Project is classified as a National Priority and is one of 5 projects announced by the President in his 2010 State of the Nation address

Enquiries:

 
 Driver Group   Dave Webster, Chief Executive       T: 01706 223999 
  plc            Officer 
                Damien McDonald, Finance Director 
 
 W H Ireland    John Wakefield                      T: 0117 945 3471 
  Limited        Marc Davies

This information is provided by RNS

The company news service from the London Stock Exchange

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