Presentation - Kier Group

Operating profit - notes Construction: robust operating margin of 2.5% Services: operating margin maintained at 4.5% Property:• Ongoing development at Uxbridge• Progressing and on track at Savile Row• PFI disposals at c.7% post-tax discount rate, following our strategy of regular disposal• Improved housing unit sales of 476• Completed £18m of land sales, on deferred cash terms10