Member Info for Surin

As a consortium of `relationally' based long term lending banks/finance providers I want to know I will get my payments on time with the returns I expected. I would have no desire to break a past relationship that has served me well, and may continue to do so in the future. I concur with Icecool, WG do not seem distressed nor unable to meet their commitments to lenders. I dont think WG is in danger of default. However, I stand to be corrected, although I would have expected if there were major issues the institutional investors would be exiting.

AI, and most google searches say 10-30% profit margin. Hence quarterly/yearly turnover without legacy costs, and post Turnkey model issues the Wood Group ought to be making healthy profits. Lets see what the turnround strategy s delivering. I look forward to results updates, and am happy to hold.

Seems to me it is insufficient to blame current ceo/recent cfo for issues in the projects division. Seem to me the issues there is an issue of functional power hierarchies...and a seeming pull to power by the engineering function.

The problems at wood in all likelihood predated the june 22 appointment of gilmartin, or the recent finance director, who was not long in post. Cultural problems do not suddenly appear, and can be difficult to address. Seems to me moving away from the pricing model in projects division was part of the action on addressing the problem in the projects division. One reason for bringing in consultants is to push through change, and you choose the consultant that is likely to provide the type of solution you desire (after all it was not mckinsey)

I feel assured Institutions a) have a large stake (surveillance of board, information access) b) stake is distributed (less chance of an institutional carve up) c) holdings have remained stable. d) the Deloitte report seems to provide no shock to them.

If Sidara want Wood they need to make an offer the Institutions will accept. As they say `follow the money'.

65.8% of company held by these institutions (which excludes Barclays and Wood Pension). I dont see any significant movement since 24th Feb to date.

Shareholdings reported on form 8.3 since 25th Feb/TR1

Holding on Fri 28/02 Mon 3/03 25th March to wed 2/04

Vanguard Group controls 5.16% 5 5.16% (0) 4.41

Marathon Asset Management 4.06% 6 4.04% (-0.02%) 3.95

Goldman Sachs 3.23% 9 2.81% (-0.42%

Blackrock 5.37% 3 6.5% (+1.13%) 5.06

Legal and General 1.96% 12 2.39

State Street 1.418% 13 1.39

Societe. Gen 3.24% 8 3.51

Mondrian 0.94% 14

Ninety One UK 6.26% 2 3 5.00

Schroders 5.247% 4 4 5.114

FMR LLC FIL Limited 10.88% 1 1

Border to Coast Pensions Pert. 2.76% 11 1.7

Abrd 3.8% 7 3.63% (-0.17%) 2.32

M Pasrtners/Ali John Mirshekari 3.21% 10

DimensionalFund Adv 3.08% (First Report)

JP morgan Securities 6.11

Sparta Capital Management 3.93

fill in blanks

Another 10% today, despite trumps tarrifs

If the sp is 44-45 p going into suspension i might take some of the table. So if anybody want a few shares...

I look forward to seeing 24 accounts, and hopefully a q1 trading update. No need to sell before suspension, should it transpire as anticipated

Boom...you are right...enough said. Peace at last

Practicing goodwill makes for a happy life. The de-rampers are are the lowlife of humanity. Critical, balanced evaluation is great, sharing is brilliant. Repetitive negative loops are so trying and boring.

I now look at the ! Green filtered box to assess the frequency of the doomsters/gloomsters/selfish self seekers

Gaz...i am getting prices from hl

Strange morn

Sidara have a vested interest in controlling the sp at a low level...but hey i even though they may have worked with Marshall Wace...

Sorry connected......) Name of the party to the offer with which exempt principal trader is connected:

DAR AL-HANDASAH CONSULTANTS SHAIR AND PARTNERS HOLDINGS LTD ("SIDARA")

Llt. The golman rns of today states they were acting for sidara

...bid cant be far away...point is would it be rejected? Yesterdays rns from Wood was a dreadful narrative ...was that deliberate. Certainly games being played - top shareholders will be in on the game...

Goldman sachs bought some 5.2m shares between 24 and 33p. They sold some 5.9m shares around the same price +/- 3%. Seems to me sidara knew what was coming and were ready to drive the price down. A bid can be far away