Mears Regulatory News (MER)

12 Oct 2007 14:51

Mears Group PLC12 October 2007 12 October 2007 Mears secures £50m Response and Repairs Contract Mears Group PLC is pleased to have won a 10 year contract, worth £50m, to carryout response and repairs work for Midland Heart Housing Association. MidlandHeart is one of the top ten housing and regeneration groups in the country andthe largest based in the Midlands. The operation will be based out ofWolverhampton where we have an existing partnership with Wolverhampton Homes. Commenting on the contract win, Mears Chairman, Bob Holt, said "We are delighted to be awarded a further partnership contract to strengthen our Midlands operation in Social Housing. The contract, which has been awarded for ten years, demonstrates a significant commitment from a client with whom we have not worked in the past. I am pleased that our development team have achieved another first class success in the year. The Group has now secured contracts during 2007 which exceed the value of awards in the whole of 2006." Enquiries: Mears Group PLCBob Holt 07778 798816Andrew Smith 07712 866461David Robertson 07887 705357 Threadneedle CommunicationsTrevor Bass 020 7936 9666Alex White Investec (Nominated adviser)Keith Anderson 020 7597 5970Michael Ansell This information is provided by RNS The company news service from the London Stock Exchange