Anybody trading in these shares? I just bought some @ 204.72

RNS Number : 8251Q

Balfour Beatty PLC

26 October 2011

BALFOUR BEATTY AWARDED CONSTRUCTION CONTRACT FOR

M4/M5 MANAGED MOTORWAY SCHEME

Balfour Beatty, the international infrastructure group, announces today that it has been awarded the GBP77.6 million M4/M5 managed motorways scheme construction contract, near Bristol, by the Highways Agency who manage, maintain and improve England's motorways and trunk roads.

The scheme, the first managed motorways scheme in the South West of England, will utilise a range of innovative technology, combined with new operating procedures, to actively control and improve traffic flow, cutting congestion, regulating journey times and improving road safety.

Balfour Beatty's scope of work will allow the Highways Agency to introduce variable mandatory speed limits and open up the hard shoulder to traffic during periods of exceptionally heavy traffic at congestion bottle necks on the M4 and the M5.

Commenting on the award today Balfour Beatty Chief Executive, Ian Tyler, said:

"This is an innovative scheme that will assist in bringing greater capacity to our motorway network. We are pleased to continue our long relationship with the Highways Agency, and look forward to helping them deliver positive benefits to road users."

Subject to statutory processes construction work is due to start between January and March 2012 with the completed scheme opening to traffic in 2013-14.

ENDS

RNS Number : 6548R

Balfour Beatty PLC

08 November 2011

BALFOUR BEATTY PREFERRED BIDDER FOR

MAJOR US MILITARY HOUSING SCHEME

Balfour Beatty has been selected to construct and manage 4761 new homes for the American military in a $470 million (GBP293.4 million) deal announced by the United States Air Force.

The Air Force said Balfour Beatty Communities has been selected as 'Highest Ranked Offeror' (preferred bidder) for a 50-year project to deliver the long-term development and management of housing units at six Air Force bases.

The announcement broadens the geographic presence of Balfour Beatty Communities throughout the US and increases the Group's military housing footprint to 53 military installations in 25 states and Washington DC.

Balfour Beatty Construction US will build the new homes at bases in North Dakota, South Dakota, Idaho and New Mexico by 2018, with the ongoing maintenance of the properties managed by Balfour Beatty Communities.

Balfour Beatty Chief Executive, Ian Tyler, said: "We are delighted to have been selected on such a prestigious project. Balfour Beatty Communities continues to lead in the US PPP military accommodation market with a high quality portfolio of ongoing concessions."

ENDS

Interim Management Statement.

Trading

There has not been any material change in trading conditions since our half-year results announcement on 17 August 2011. Overall, our trading performance continues to be consistent with our expectations.

Our order book remains in line with the 15.5 billion reported at the half-year with a small increase in the US construction order book offset by a reduction in UK construction. In a challenging environment of government austerity and shortage of private finance, this is testament to the resilience of our business, our geographic spread, and diverse capabilities and end-markets. The actions we have put in place to lower our cost base and to focus our efforts in markets with the greatest opportunities are reflected in the performance of the business.

On an operational level, we have recently completed a significant number of large projects successfully around the world and have continued to improve our track record as an infrastructure business with global scale, broad capabilities and differentiated core skills.

Balfour Beatty plc ("the Company") received notice today from Citigroup Global Transaction Services, on behalf of Standard Life Investments Limited ("Standard Life"), that Standard Life now hold 41,130,821 50p Ordinary Shares in the Company ("Ordinary Shares"), representing 5.98% of the total voting rights of the Company.

Of the 41,130,821 Ordinary Shares, the Company has been advised that 23,842,916 (3.47%) comprise a direct interest in the Company's total voting rights and that 17,287,905 (2.51%) comprise an indirect interest in the Company's total voting rights.

Skinny.

You are working hard on this company.

Fred - I do on quite a few :-)

Good lad,

I hold a few of these.

Also, a few TW.

Both should do well.


Hope I live long enough. 9-)

Approaching the year low @224 - yield 5.64%.

BALFOUR BEATTY JV AWARDED WHITECHAPEL CROSSRAIL CONTRACT

Balfour Beatty plc, the international infrastructure group, announces that, in joint venture, it has been awarded the Whitechapel Crossrail contract worth 110 million.

The joint venture partners comprising Balfour Beatty, Morgan Sindall and Vinci Construction have a track record of delivering major infrastructure schemes, not only in London, but throughout the world.

The project comprises demolition of the existing station, construction of a new ticket hall behind the retained station fade, upgrading and extending the Hammersmith & City and District Line platforms and constructing a new station bridge concourse in and over the East London Line cutting. The works will also include the shafts and platforms for the Crossrail tunnels plus related architecture and mechanical and electrical (M&E) infrastructure.

Ian Tyler, Chief Executive, Balfour Beatty, said:

"We are delighted to have been awarded this Crossrail contract. We, together with our joint venture partners, are using the full range of skills, resources and technical expertise required to deliver not only this contract, but the Whitechapel and Liverpool Street station tunnels project, awarded to the joint venture in January this year."

BALFOUR BEATTY AWARDED QATAR INFRASTRUCTURE CONTRACT

Balfour Beatty, the global infrastructure group, today confirmed its professional services division had been awarded the programme management consultancy contract on a 5 billion roads and drainage scheme in Qatar.

Under the five-year commission, worth 104 million, Parsons Brinckerhoff will have overall responsibility for management and coordination of all construction, logistics and supply chain interfaces with Ashghal, the public works authority of Qatar. Parsons Brinckerhoff will also oversee general engineering consultants for each of five geographic zones comprising Qatar.

Balfour Beatty Chief Executive, Ian Tyler, said: "This very welcome announcement for Parsons Brinckerhoff supports our focus on infrastructure and reinforces the importance of growth markets to our strategy."

ENDS

skinny, are you thinking what I'm thinking. Interim divi coming up soon shit publicity last night, with this new contract and trading statement think 12th Jan is it worth a punt after divi date? Every cloud or just a cynical baxxxxd :O)

Chris - something along those lines :-) If you mean the panorama, I didn't see it - but it sounds like I should watch it!

skinny - I did, shocking. Make your own mind up though :O)

Chris - I've just checked - its on in the early hours this Friday, so I've set the recorder.

skinny - I don't own any stock, sp certainly so far anyway hasn't suffered as a result of last nights programme today, but can't say I'm that surprised. On my watch list.

I have some and nearly added last week under 215 - and now ruing that decision. I like the fact that there almost a constant news flow, also at today's price the yield is @5.4%.

Divi payment 09/12, tempted to have a punt now but more sense to wait and see how sp reacts after divi payment, bit wary market could go to hell in a handcart or not before then.

BALFOUR BEATTY SIGNS 850 MILLION CREDIT FACILITY

Balfour Beatty plc confirms that it has put in place a five-year 850 million syndicated revolving credit facility from a number of leading international financial institutions.

The Royal Bank of Scotland plc acted as Bookrunner on the transaction. The mandated lead arrangers are the Royal Bank of Scotland plc, HSBC Bank plc, Bank of America Merrill Lynch, Credit Agricole SA and Royal Bank of Canada, with Bank of America Merrill Lynch acting as Facility Agent.

The syndicated facility refinances a number of bi-lateral agreements which were due to expire in the next 12 to 15 months. It ensures Balfour Beatty has secured access to committed funding for the next five years and will be used for general corporate purposes.

Chief Financial Officer, Duncan Magrath, commented: "We are pleased to have secured this long-term and competitively-priced funding at a challenging time in the financial markets. After launching at 700 million and closing at 850 million, our agreed facility is indicative of the strength of the Balfour Beatty business and the confidence our lenders have in us."

ENDS

BALFOUR BEATTY APPOINTED PREFERRED BIDDER
FOR GBP500M WASTE PROJECT

Balfour Beatty, the international infrastructure group, announces today that it has been appointed preferred bidder for the 500 million Gloucestershire Residual Waste Project in joint venture with Urbaser. The 28-year PPP project involves the design, build and operation of an energy-from-waste facility for Gloucestershire County Council.

BALFOUR BEATTY JV AWARDED GBP414 MILLION
GAS NETWORKS CONTRACT

Balfour Beatty the international infrastructure group has been awarded, in a joint venture with CLG Developments Ltd (CLG), a £414 million contract by Bord Gais Networks in the Republic of Ireland.

The nine-year contract is for the installation and maintenance of vital gas transmission and distribution networks across Ireland, including the delivery of new construction, emergency response and planned maintenance services. Work will commence early in the New Year.

Ian Tyler, Balfour Beatty Chief Executive, commented:

"The Bord Gais award represents a significant development for our international utilities business. We are delighted to make this commitment to the Irish market and to continue to build upon our strategy to develop our international capability in the power sector.

"CLG has a proven track record of creating essential utility infrastructure in Ireland and we look forward to working with them to deliver gas networks for the people of this country."