Breedon Regulatory News (BREE)

7 January 2016

Breedon and Whitemountain win

£55m AWPR/B-T surfacing project in Aberdeen

Breedon Aggregates ("Breedon") and Whitemountain have been jointly awarded a contract valued at up to £55 million to supply and lay asphalt on the £745 million Aberdeen Western Peripheral Route/Balmedie-Tipperty project (AWPR/B-T).

The 50/50 joint venture will supply and lay more than 500,000 tonnes of asphalt material for the works, which are being constructed by AWPR Construction Joint Venture on behalf of Aberdeen Roads Limited. The AWPR/B-T is the longest roads construction project currently under construction in the UK, extending from Stonehaven in the south to Tipperty in the north and comprising 55 kilometres of dual carriageway, 22 kilometres of slip roads and 39 kilometres of side roads and accesses.

Breedon and Whitemountain will each erect a mobile asphalt plant on site to service the project, utilising aggregates sourced from the locality. They will also supply any offsite aggregate and sand requirements for the asphalt products and high PSV aggregates for the surface course of the main carriageway.

Commenting on the contract Alan Mackenzie, Chief Executive of Breedon Aggregates Scotland, said: "We're proud to be playing our part in bringing this hugely important infrastructure project to fruition. It will remove one of the most notorious bottlenecks in the country and deliver significant benefits to the local economy.

"This is our largest-ever contract award and will provide the backbone of work for our contracting division over the next two years. Importantly, the two mobile plants will mean we're self-sufficient on-site.

"We look forward to working with our JV partner, Whitemountain, to provide an outstanding service on the AWPR/B-T between now and completion of the surfacing works over the next couple of years."

Whitemountain Managing Director Mark Kelly said: "We are delighted to be working with Breedon in the joint delivery of such a major infrastructure project, which will no doubt be of significant benefit to the region."

- ends -

Enquiries:

Breedon Aggregates Limited

Simon Vivian, Group Chief Executive 01332 694444

Alan Mackenzie, Chief Executive, Breedon Aggregates Scotland 01382 537600

Stephen Jacobs, Head of Communications 07831 764592

Cenkos Securities plc (Nomad and joint broker) 020 7397 8900

Max Hartley/ Ian Soanes

Peel Hunt LLP (Joint broker) 020 7418 8900

Justin Jones/ Mike Bell

Note to Editors

Breedon Aggregates is the UK's leading independent aggregates business after the four global majors. It operates 53 quarries, 26 asphalt plants, 59 ready-mixed concrete plants and three concrete block plants in England and Scotland and employs more than 1,200 people. The Group has strong asset backing, with over 500 million tonnes of mineral reserves and resources in the UK. Breedon Aggregates' strategy is to grow through consolidation of the UK heavyside building materials sector.

In November 2015 Breedon announced its intention to acquire Hope Construction Materials Limited for £336 million. The acquisition is expected to complete in the second quarter of 2016, creating the UK's largest independent building materials group with one of the country's largest cement plants, nearly 60 quarries, more than 200 ready-mixed concrete plants and around 750 million tonnes of mineral reserves and resources.

W: www.breedonaggregates.com

Whitemountain is part of the Lagan Group and ranks among the most successful and diverse engineering, contracting and quarry materials companies in the UK and Ireland.

Whitemountain is a market leader in the quarry materials, asphalt, surfacing, airfield maintenance, bitumen and civil engineering sectors; they supply aggregates and surfacing solutions to major UK and European-based contractors.

Whitemountain customers include airport operators, principal contractors in the highways and civil engineering sectors, as well as public sector roads authorities. They undertake works as a product supplier, a main contractor, a sub-contractor or a joint venture partner.

W: www.whitemountain.co.uk

T: + 44 (0) 28 9250 1000