Costain Group Regulatory News (COST)

27 April 2020

Costain Group PLC

("Costain" or "the Group" or "the Company")

COSTAIN APPOINTED SMART MOTORWAYS PROGRAMME ALLIANCE PARTNER BY HIGHWAYS ENGLAND

Costain, the smart infrastructure solutions company, has been appointed one of six partners in the £4.5 billion Smart Motorway Programme Alliance ("SMP Alliance"), a newly created alliance which will deliver critical capacity and safety improvements across England's strategic road network. The 10-year framework will see the SMP Alliance safely deliver a key element of the Government's second Road Investment Strategy, with a greater emphasis on technology and increased efficiency.

Costain will apply its leading-edge technology, production and installation techniques to deliver faster, safer and cost-effective enhancements across the road network. This includes applying the most innovative digital design techniques as well as minimising disruption for road users through the application of Design for Manufacture and Assembly techniques ("DfMA") enabling a greater proportion of work to be undertaken off-site.

Alex Vaughan, CEO of Costain, commented, "We are delighted to have been selected as one of the partners to the SMP Alliance. This strategic programme will deliver the much-needed capacity and safety improvements across the strategic road network in England. This programme approach seeks a step change in delivery performance, and Costain has been a long-term partner for Highways England delivering a broad mix of services from consultancy and digital technology solutions through to programme management and complex project delivery, demonstrating Costain's strong breadth of capabilities that add value in shaping and delivering England's future transport infrastructure."

Costain has a long-standing partnership with Highways England, supporting a range of initiatives aimed at improving safety and congestion as well as future shaping England's road networks. In addition to complex construction programmes, Costain has provided specialist technology products and services such as high-performance CCTV and incident detection, to leading innovation and consultancy projects such as connected digital roads and specialist analytics platforms.

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Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's transportation, water, energy and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

For more information visit www.costain.com