Carillion Plc Regulatory News (CLLN)

(a) Name of exempt principal trader:

Morgan Stanley Securities Limited

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

BALFOUR BEATTY PLC

(c) Name of the party to the offer with which exempt principal trader is connected:

CARILLION PLC

(d) Date dealing undertaken:

01 AUGUST 2014

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

YES

 Class of relevant security

 Purchases/sales

 Total number of securities

 Highest price per unit paid/received

 Lowest price per unit paid/received

 50P ORDINARY

 PURCHASES

 858,972

 2.4290 GBP

 2.3400 GBP

 50P ORDINARY

 SALES

 1,058,841

 2.4310 GBP

 2.3410 GBP

 CONVERTIBLE BONDS DUE DECEMBER 2018

 PURCHASES

 4,000,000

 97.9380 GBP

 97.9380 GBP

 CONVERTIBLE BONDS DUE DECEMBER 2018

 SALES

 2,000,000

 98.5000 GBP

 98.5000 GBP

 Class of relevant security

 Product description

e.g. CFD

 Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

 Number of reference securities

 Price per unit

 50P ORDINARY

 CFD

 LONG

 80

 2.3435 GBP

 50P ORDINARY

 CFD

 LONG

 1,960

 2.3435 GBP

 50P ORDINARY

 CFD

 LONG

 23,942

 2.3435 GBP

 50P ORDINARY

 CFD

 LONG

 10,262

 2.3435 GBP

 50P ORDINARY

 CFD

 LONG

 16,414

 2.3435 GBP

 50P ORDINARY

 CFD

 LONG

 29,959

 2.3505 GBP

 50P ORDINARY

 CFD

 LONG

 8,193

 2.3526 GBP

 50P ORDINARY

 CFD

 LONG

 27,275

 2.3526 GBP

 50P ORDINARY

 CFD

 LONG

 11,132

 2.3545 GBP

 50P ORDINARY

 CFD

 LONG

 15,546

 2.3748 GBP

 50P ORDINARY

 CFD

 LONG

 9,300

 2.3770 GBP

 50P ORDINARY

 CFD

 LONG

 21,087

 2.3873 GBP

 50P ORDINARY

 CFD

 LONG

 20,300

 2.3889 GBP

 50P ORDINARY

 CFD

 LONG

 6,800

 2.3889 GBP

 50P ORDINARY

 CFD

 LONG

 9,600

 2.3889 GBP

 50P ORDINARY

 CFD

 LONG

 26,098

 2.3905 GBP

 50P ORDINARY

 CFD

 LONG

 334,739

 2.3905 GBP

 50P ORDINARY

 CFD

 LONG

 10,998

 2.3972 GBP

 50P ORDINARY

 CFD

 LONG

 5,629

 2.3980 GBP

 50P ORDINARY

 CFD

 LONG

 1

 2.4000 GBP

 50P ORDINARY

 CFD

 LONG

 26

 2.4020 GBP

 50P ORDINARY

 CFD

 LONG

 3,164

 2.4039 GBP

 50P ORDINARY

 CFD

 LONG

 225

 2.4059 GBP

 50P ORDINARY

 CFD

 LONG

 44

 2.4068 GBP

 50P ORDINARY

 CFD

 LONG

 321

 2.4081 GBP

 50P ORDINARY

 CFD

 LONG

 67,468

 2.4085 GBP

 50P ORDINARY

 CFD

 LONG

 60

 2.4105 GBP

 50P ORDINARY

 CFD

 SHORT

 1,796

 2.3442 GBP

 50P ORDINARY

 CFD

 SHORT

 435

 2.3590 GBP

 50P ORDINARY

 CFD

 SHORT

 1,718

 2.3640 GBP

 50P ORDINARY

 CFD

 SHORT

 674

 2.3650 GBP

 50P ORDINARY

 CFD

 SHORT

 707

 2.3710 GBP

 50P ORDINARY

 CFD

 SHORT

 2,059

 2.3730 GBP

 50P ORDINARY

 CFD

 SHORT

 2,092

 2.3740 GBP

 50P ORDINARY

 CFD

 SHORT

 758

 2.3750 GBP

 50P ORDINARY

 CFD

 SHORT

 2,187

 2.3780 GBP

 50P ORDINARY

 CFD

 SHORT

 3,662

 2.3790 GBP

 50P ORDINARY

 CFD

 SHORT

 638

 2.3800 GBP

 50P ORDINARY

 CFD

 SHORT

 764

 2.3810 GBP

 50P ORDINARY

 CFD

 SHORT

 793

 2.3860 GBP

 50P ORDINARY

 CFD

 SHORT

 681

 2.3880 GBP

 50P ORDINARY

 CFD

 SHORT

 334,738

 2.3881 GBP

 50P ORDINARY

 CFD

 SHORT

 646

 2.3890 GBP

 50P ORDINARY

 CFD

 SHORT

 82,407

 2.3890 GBP

 50P ORDINARY

 CFD

 SHORT

 698

 2.3910 GBP

 50P ORDINARY

 CFD

 SHORT

 2,024

 2.3920 GBP

 50P ORDINARY

 CFD

 SHORT

 1,403

 2.3930 GBP

 50P ORDINARY

 CFD

 SHORT

 7,093

 2.3939 GBP

 50P ORDINARY

 CFD

 SHORT

 3,470

 2.3940 GBP

 50P ORDINARY

 CFD

 SHORT

 1,372

 2.3940 GBP

 50P ORDINARY

 CFD

 SHORT

 25,733

 2.3980 GBP

 50P ORDINARY

 CFD

 SHORT

 1,308

 2.3980 GBP

 50P ORDINARY

 CFD

 SHORT

 3,070

 2.3995 GBP

 50P ORDINARY

 CFD

 SHORT

 13,338

 2.3995 GBP

 50P ORDINARY

 CFD

 SHORT

 12,840

 2.4022 GBP

 50P ORDINARY

 CFD

 SHORT

 42,745

 2.4022 GBP

 50P ORDINARY

 CFD

 SHORT

 20,119

 2.4051 GBP

 50P ORDINARY

 CFD

 SHORT

 1,349

 2.4077 GBP

 50P ORDINARY

 CFD

 SHORT

 12,429

 2.4077 GBP

 50P ORDINARY

 CFD

 SHORT

 4,508

 2.4129 GBP

 50P ORDINARY

 CFD

 SHORT

 1,933

 2.4280 GBP

 50P ORDINARY

 CFD

 SHORT

 775

 2.4280 GBP

 50P ORDINARY

 CFD

 LONG

 14,515

 2.3915 GBP

 Class of relevant security

 Product description e.g. call option

 Writing, purchasing, selling, varying etc.

 Number of securities to which option relates

 Exercise price per unit

 Type e.g. American, European etc.

 Expiry date

 Option money paid/ received per unit

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 N/A

 Class of relevant security

 Product description e.g. call option

 Number of securities

 Exercise price per unit

 N/A

 N/A

 N/A

 N/A

 Class of relevant security

 Nature of dealing e.g. subscription, conversion

 Details

 Price per unit (if applicable)

 N/A

 N/A

 N/A

 N/A

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

If there are no such agreements, arrangements or understandings, state "none"

None

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

07 AUGUST 2014

Darren Wickert

+44 (0)20 7425 6578