Trading Update

Support services and construction company, Carillion plc, is providing this update on trading for the year ended 31 December 2004 in advance of its preliminary results announcement on 9 March 2005.

Carillion continued to benefit from positive trading conditions in the second half of 2004. Consequently, full-year profit before tax, goodwill and exceptional items is anticipated to be in line with market expectations. Profit will again be backed by strong cash generation.

The Group’s order book remains strong and the outlook for its main markets continues to be positive. Therefore, notwithstanding the effects of selling Carillion BTP and Crown House in 2004 and of transferring rail maintenance work to Network Rail, Carillion expects to make further progress in 2005.