Nuclear Contract Award

Costain Group PLC

("Costain" or "the Company")

Nuclear Contract Award

Costain has been awarded by Magnox South Ltd a framework contract for the delivery of Fuel Element Debris ("FED") Dissolution at Bradwell nuclear power station.

The framework is part of the station's accelerated decommissioning programme, with similar programmes at other Magnox Sites namely, Hinkley Point, Sizewell and Oldbury to be awarded.

The indicative value of the contract is £75m over ten years with possible extensions.

The contract is to design plant and equipment and to procure, construct, operate and refurbish plant prior to transfer to further sites.

Magnox South sites are currently decommissioning at the end of operational life and this framework is key to the safe remediation and disposal of FED produced during the generating life of the power stations.

Commenting on the award, Andrew Wyllie, Chief Executive, said:

"We are delighted to have secured this contract. It is testimony to Costain's growing reputation within the nuclear industry as one of the few major contractors in the UK with the capability to carry out such complex and critical work."

29 September 2010

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