Morgan Sindall Group Regulatory News (MGNS)

7 Jul 2008 14:51



Morgan Sindall plc

07 July 2008

MORGAN ASHURST WINS £28M HEATHROW T3 DEVELOPMENT

Morgan Sindall plc, the construction and regeneration group, announces today that Morgan Ashurst, its construction division has been selected by BAA to deliver a portfolio of preconstruction services at Terminal 3 (T3) in Heathrow Airport. The contract value is over £28 million.

The programme of work, scheduled for completion by the summer of 2009, includes refurbishing Pier 7, installing security segregation on Pier 7 and converting current gate rooms into a crew lounge for Virgin Atlantic Airways' employees. Morgan Ashurst will also upgrade Pier 5, refurbish the check-in area of T3 and facilitate airline relocation within the T3 building.

Paul Smith, Chief Executive of Morgan Sindall plc, said:

"We are delighted to further extend our relationship with BAA. Today's announcement demonstrates the benefit of our acquisition of DPS. The acquisition has significantly enhanced our construction offering, enabling us to focus on higher value assignments and offer an integrated design and delivery service."

ENDS

Notes to Editor:

Morgan Ashurst is a leading full-service construction business with more than 2,000 employees in the UK. Supported by a national network of local offices, the company works for private and public sector clients on projects from £50,000 to over £300 million. Morgan Ashurst's construction activities range from small works, repair and maintenance services to large-scale complex projects across the airports, commercial, defence, education, healthcare, industrial, leisure and retail sectors.

It is part of top five UK construction and regeneration group Morgan Sindall plc which operates through five specialist divisions of fit out, construction, infrastructure services, affordable housing and urban regeneration.