SEA - 9th June 2009
Carillion agrees sale of external IT business and outsources internal IT services functions
Carillion has entered into an agreement for the sale of its external IT Services business, an outsourcing, networking and cabling solutions provider that it acquired with Alfred McAlpine, to Capita.
In parallel with this transaction, Carillion has also entered into a contract to outsource the provision of the Group's UK internal IT services functions to Accenture, to whom Carillion has already outsourced a range of finance and human resources functions.
These two transactions, which form part of the integration of the Carillion and Alfred McAlpine businesses, are expected to generate gross cash for Carillion totalling £76 million during 2009, of which £40 million relates to the outsourcing and £36 million to the disposal, which is subject to an adjustment for working capital at completion.
Carillion was advised by Lazard on the sale of its external IT Services business.
Notes to editors
Carillion is one of the UK’s leading support services, Public Private Partnership project and construction companies. The Group has annual revenue of around £5 billion, employs some 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion’s principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion’s principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group’s main sectors are Health, Roads Maintenance and Construction.
Carillion has a substantial portfolio of equity investments in Public Private Partnership projects, particularly in the Defence, Education, Health and Transport sectors.
In the inaugural Sunday Times Best Green Companies Awards in May 2008, Carillion secured first place in the category for large and medium-sized companies with high environmental impact and second place overall.
This and other Carillion news releases can be found at www.carillionplc.com
For further information contact
John Denning, Director Group Corporate Affairs, Carillion plc 01902 316426



