KLR Keller Group Plc

 
TIDMKLR 
 
For immediate release 11 December 2014 
 
                               Keller Group plc 
 
                     Contract Award in the Caspian Region 
 
Keller Group plc ("Keller"), the international ground engineering specialist, 
announces that it has signed a contract in connection with the supply and 
installation of precast piles in the Caspian region. 
 
The contract, which remains subject to final approval of the overall project by 
the Board of the ultimate client, is for a total of US$177m (GBP113m). Pending 
this approval, Keller has been issued a notice to proceed with the first phase 
of the work for an amount of US$25m (GBP16m). Mobilisation will start immediately 
and this initial work is scheduled to be completed in the first half of 2015. 
 
Justin Atkinson, Keller Chief Executive, commented: 
 
"I am delighted to announce Keller's first contract in the Caspian region. 
Keller has proven its ability to succeed in very large piling contracts under 
challenging working conditions and we are delighted to be able to build on this 
experience." 
 
For further information, please contact: 
 
Keller Group plc 
Justin Atkinson, Chief Executive            020 7616 7575 
James Hind, Finance Director 
 
RLM Finsbury 
Gordon Simpson/Rowley Hudson                020 7251 3801 
 
Notes to Editors: 
 
Keller is the world's largest independent ground engineering specialist, 
providing technically advanced and cost-effective foundation solutions to the 
construction industry. With annual revenue of around GBP1.6bn, Keller has 
approximately 9,000 staff world-wide. 
 
Keller is the clear market leader in North America and Australia; it has prime 
positions in most established European markets; and a strong profile in many 
developing markets. 
 
 
 
END 
 

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