Keller Regulatory News (KLR)

KELLER GROUP PLC - Contract

PR Newswire

London, October 10

For immediate release 11 October 2016

Keller Group plc

Contract Award in Port Said, Egypt

Keller Group plc (“Keller”), the world’s largest geotechnical contractor, announces that it has been awarded a major contract in Port Said, Egypt.

The contract for ground improvement works forms part of the development by the Egyptian Government of the eastern shore of Port Said, along the newly created navigation channels of the Suez Canal. The contract is for a value of around £60m with work expected to commence imminently and to be completed by the third quarter of 2017.

Alain Michaelis, Chief Executive, commented:

“This significant project win in the Middle East demonstrates the continued development of Keller in this important region. This is the Group’s second recent major award, following the award of the £50m contract in Abu Dhabi announced in August.”

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Notes to Editors:

Keller is the world’s largest geotechnical contractor, providing technically advanced geotechnical solutions to the construction industry. With annual revenue of around £1.6bn, Keller has approximately 10,000 staff world-wide.

Keller is the clear market leader in the US, Canada, Australia and South Africa; it has prime positions in most established European markets and a strong profile in many developing markets.