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

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."

RNS Number : 3788U
Balfour Beatty PLC
21 December 2011



21 December 2011

BALFOUR BEATTY PLC

BALFOUR BEATTY AWARDED MELBOURNE RAIL CONTRACT

Balfour Beatty, the global infrastructure group, announces that, in an alliance with Thiess and Sinclair Knight Merz, it has been awarded an A$835 million (£535 million) contract for works on the Footscray to Deer Park section of the Regional Rail Link project in Melbourne, Australia. Balfour Beatty has a 35% share in the alliance in which it will play a vital role by combining its rail infrastructure capabilities and its professional services through Parsons Brinckerhoff.

The alliance partners will work with the Regional Rail Link Authority, Metro Trains Melbourne (MTM) and V/Line to design and construct the first major new rail line for metropolitan Melbourne in 80 years. Considered a critical component of Melbourne's rail network, the Regional Rail Link will separate regional trains from metropolitan trains for the first time, giving trains dedicated tracks and hence, increasing capacity and reliability.

The project involves the construction of 7.5 kilometres of new track, rail bridges, a new station at West Footscray, and upgrades and improvements to the current infrastructure. Balfour Beatty will put in place the rail systems including signalling and track and will act as the programme manager for the project. Major works are expected to commence in early 2012.

Balfour Beatty Chief Executive, Ian Tyler, said: "The Melbourne rail contract win is really pleasing from a number of perspectives. Firstly, as a global player in rail technology, we are pleased to play a part in this historical development for rail in Australia - a buoyant market where we are developing a healthy market position.

"Furthermore, it is rewarding to see our strategy in action. We have harnessed our skills and capabilities in rail as well as in Parsons Brinckerhoff to gain a position as a joint-venture partner in the design and construction of a complex rail project. This win aptly demonstrates the success of our strategy to integrate the Group's capabilities to manage complexity for our customers."

ENDS

Contract.

BALFOUR BEATTY SECURES MAJOR EXTENSION TO
NATIONAL GRID FRAMEWORK AGREEMENT

Balfour Beatty, the international infrastructure group, has secured a five-year extension to its existing contract with National Grid to maintain and upgrade the UK's electricity transmission network in an agreement worth up to £750 million.

The contract, involving design, programme management, construction and technical support for National Grid's electricity network, draws on a wide range of Balfour Beatty resources. It further demonstrates the Group's infrastructure capabilities, particularly in areas where clients face large and complex challenges.

Balfour Beatty and National Grid formed the Electricity Alliance East (EAE) partnership five years ago to secure the long-term stability of much of the UK network. Work involves the ongoing maintenance and refurbishment of overhead transmission lines, as well as designing and delivering National Grid's upgrade plans across the network.

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

"National Grid is one of our longest held relationships and we are delighted at their decision to extend the long-term partnership with Balfour Beatty.

"This further reinforces a strong, strategic alliance bringing continuing value as well as ongoing certainty to a core element of the UK's infrastructure."

ENDS