CSG.L Regulatory News (CSG)

NEWS RELEASE

26 October 2010

Cyril Sweett International

('Cyril Sweett')

Cyril Sweett manages the single largest foundation pour in the history of Saudi Arabia

Cyril Sweett International ("Cyril Sweett") is pleased to announce that the concrete pour on the foundations of Saudi Arabia's prestigious Capital Market Authority ("CMA") tower has been successfully completed, following a deep excavation of over 30 metres and over 4,000 tonnes of steel reinforcements.

The pour was executed by the Saudi Bin Laden Group ("SBG"), under direct management of Cyril Sweett. The CMA tower is the tallest tower in the Kingdom of Saudi Arabia currently under construction and this was the single largest concrete pour recorded in the history of the Kingdom to date. With one and half consecutive days of concrete being pumped into the raft foundation, 13,000 cubic metres of concrete mix were used to complete the 4.5 metre high foundation.

Commenting on the pour, Des Pike, Project Director of Cyril Sweet said, "The concrete pour was scheduled to last 42 hours but was successfully completed within 36 hours. Throughout the operation, mobile truck mixers were arriving on site at an average of one every 90 seconds, a significant logistical feat in itself. This is a great achievement for all parties involved who worked continuously around the clock to ensure its success."

Dr. Said Rabiah, CMA Project Department Manager, said: "We are delighted to see the foundations of the CMA Tower have been completed on schedule. The success of this massive undertaking was the result of the remarkable efforts and collaboration of all parties involved. This could not have been achieved without the strong leadership of Cyril Sweett's project management team. I would like to thank the entire project team for achieving this monumental task and very significant milestone."

The CMA tower is the focal project of the King Abdullah Financial District and when completed will soar 385m above ground level. Designed by renowned American architects, HOK, and leading consulting firm Omrania & Associates, the building combines architectural ingenuity with the very best in environmental credentials to achieve a Gold LEED standard.

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Notes to Editors

About Cyril Sweett Middle East

·; Cyril Sweett provides a full range of construction and property consultancy services across the Middle East out of offices in Abu Dhabi, Dubai, Saudi Arabia, Kuwait, Libya and Iraq. Cyril Sweett also delivers projects in Egypt, Bahrain, Syria and Morocco.

·; Some of our high profile Middle East clients include CMA, ALDAR, TDIC, Mubadala, The Al Badie Group, ADNEC, ADNOC, KOC & Masdar.

About Cyril Sweett Group plc

·; Cyril Sweett is a leading international construction and property consultancy offering expertise in cost consultancy, project management, building surveying and a comprehensive range of specialist consulting services.

·; Cyril Sweett floated on the AIM market of the LSE in October 2007.

·; Cyril Sweett was founded in 1928 and employs over 1200 people, across Europe, the Middle East, North Africa, India, Sri Lanka, Asia Pacific and Australia.