Breedon Regulatory News (BREE)

RNS announcement

24 September 2010

BREEDON AGGREGATES WINS £MULTI-MILLION SCOTTISH WATER CONTRACT

Scottish Water has appointed Breedon Aggregates Limited as its preferred supplier of concrete, asphalt and aggregates over the next four years.

This is the first contract announcement since the acquisition in August of Breedon Holdings Limited (formerly Ennstone plc) by Marwyn Materials Limited, the AIM-listed company formed by industry veterans Peter Tom CBE and Simon Vivian to make acquisitions in the building materials sector.

The agreement with Scottish Water is for a four-year contract, with the option of a four-year extension. The majority of the supplies are expected to be used in the construction and maintenance of new Scottish Water infrastructure. This effectively makes Breedon Aggregates one of the preferred suppliers of concrete, asphalt and aggregates for the vast majority of the area from the Forth Clyde Estuary northwards.

Simon Vivian, group chief executive of Breedon Aggregates, said, "Our team in Scotland have established particularly strong and stable relationships with their customers, which has enabled them to weather the very difficult trading conditions of the last two years and win this, their largest supply contract to date. We look forward to building on this success and growing our client base in Scotland as the market improves."

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