Costain Group Regulatory News (COST)

5 January 2017

Costain Group PLC

("Costain" or "the Group")

Costain wins place on TfL's new £500m Major Projects Framework

Costain, the engineering solutions provider, has secured a place on Transport for London's Surface Transport Major Projects Framework (the 'Framework'), which covers the delivery, upgrade and maintenance of bridges, tunnels and highways across London.

Costain is one of three suppliers for the four-year Framework, which is valued at up to £500m in total, and includes design, planning and complex project delivery work. The Framework may be extended by two years at TfL's discretion.

During a previous Framework Costain carried out the strengthening of the Hammersmith Flyover, a highly complex project which was delivered ahead of schedule.

Andrew Wyllie CBE, Chief Executive of Costain commented:

"We are delighted that TfL has again chosen Costain as a delivery partner for the Major Projects Framework. It is a reflection of our strong track record in applying innovative techniques in highways."

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