FOR IMMEDIATE RELEASE                                             14 March 2003

                                   AMEY PLC                                    

                  RESULT OF THE EXTRAORDINARY GENERAL MEETING                  

At Amey's Extraordinary General Meeting held today, shareholders approved the
resolution put to the meeting for the disposal of the PFI Portfolio to Laing
Investments Limited. Now that shareholder approval has been obtained, it is
expected that completion of the PFI Portfolio disposal will occur shortly. In
addition, the Group's new banking facilities are expected to become
unconditional at the same time as the PFI disposal is completed.

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For further information please contact:

Anthony Cardew / Nadja Vetter, CardewChancery                Tel: 020 7930 0777



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