Morgan Sindall Group PLC

Regulatory Filings • Jul 11, 2013

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RNS Number : 0613J

Morgan Sindall Group PLC

11 July 2013

11 July 2013

Morgan Sindall Group plc

Morgan Sindall Group awarded £269 million redevelopment programme

Morgan Sindall Group plc is pleased to announce that Lovell, its affordable housing division, has been appointed by The Royal Borough of Greenwich as developer for a £269 million redevelopment programme in Woolwich.

The project, in partnership with asra Housing Group, will transform three council estates, situated to the east and west of Woolwich town centre, into 1,500 new high-quality, mixed- tenure homes. Subject to extensive consultation and the plans successfully completing the full planning process, work will begin in May 2014 and is expected to take 13 years to complete.

John Morgan, Chief Executive, Morgan Sindall Group plc said:

"We are delighted to have been chosen to work on this regeneration programme after a rigorous selection process. We have a solid record of working with communities to create successful, high-quality and sustainable mixed-tenure neighbourhoods and we look forward to working with all those involved."

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Editor's notes:

Morgan Sindall Group

Morgan Sindall Group plc is a leading UK construction and regeneration group with revenue of over £2 billion and which operates through five divisions of construction and infrastructure, fit out, affordable housing, urban regeneration and investments.

Lovell

Lovell is a leading provider of affordable housing. The company has expertise in new-build, regeneration, refurbishment as well as providing a full responsive and planned repairs and maintenance service. With offices in England, Scotland and Wales, Lovell offers a unique one-stop shop of services with the ability to build homes, offer a full menu of tenure options and maintenance for life.

Contact:

Morgan Sindall Group                                                                     020 7307 9200

John Morgan, Chief Executive

Steve Crummett, Finance Director

Brunswick                                                                                          0207 404 5959

Jonathan Glass

Alison Kay

This information is provided by RNS

The company news service from the London Stock Exchange

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