Presentation - Kier Group

HEADLINE NUMBERSUNDERLYING PRE-TAX PROFITSIX MONTHS TO 31 DECEMBERYEAR TO 30 JUNE2009 2008 Change 2009£m £m % £mOperating profit: Group 31.6 25.6 +23.4 50.1Operating profit: joint ventures 0.0 0.6 - 1.0Group and share of joint ventures 31.6 26.2 +20.6 51.1Share of joint ventures:finance cost (0.6) (1.1) +45.5 (0.7)tax 0.0 (0.2) - (0.3)Profit from operations 31.0 24.9 +24.5 50.1Net finance (cost)/income (0.5) 0.4 - 0.5Profit before tax and exceptional items 30.5 25.3 +20.6 50.6Exceptional items (13.8) 4.8 - (27.3)Profit before tax after exceptional items 16.7 30.1 -44.5 23.3Taxation (including joint venture tax onexceptional items) (8.9) (8.3) - (6.4)Minority interest (0.4) (0.5) - (0.8)Profit after tax attributableto equity holders 7.4 21.3 - 16.1Kier Group plc interim results for the six months ended 31 December 2009 4