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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
1 December 2014
Balfour Beatty plc
Response to the announcement by the John Laing Infrastructure Fund Ltd
Balfour Beatty plc ("Balfour Beatty"), the international infrastructure group, notes the announcement by the John Laing Infrastructure Fund Ltd ("JLIF") that it intends to make a non-binding proposal for Balfour Beatty's PPP portfolio.
The Board of Balfour Beatty will review the proposal once received from JLIF. A further announcement will be made in due course, as appropriate.
As previously stated, the Board remains open to value creation opportunities across the group while it concentrates on the restoration of value to its shareholders.
Analyst/investor enquiries:
Anoop KangTel. +44 (0) 20 7216 6913
anoop.kang@balfourbeatty.com
Media enquiries:
Dominic CheethamTel. +44 (0) 20 7963 4235
dominic.cheetham@balfourbeatty.com
Maitland
Neil Bennett
Liz Morley
Tel. +44 (0) 20 7379 5151