Keller Board Change (7177B)

TIDMKLR

RNS Number : 7177B

Keller Group PLC

20 April 2012

For immediate release 20 April 2012

KELLER BOARD CHANGE

Keller Group plc ("Keller" or "the Company"), the international ground engineering specialist, announces that at its forthcoming Annual General Meeting, Mr Pedro Lopez Jimenez will be standing down as a Non-executive Director, after more than nine years on the Board.

Mr Lopez Jimenez is Chairman of Dragados, S.A., Non-executive Director of Hochtief Aktiengesellschaft and Executive Board Member of ACS Actividades de Construccion y Servicios, S.A. He is also Chairman of GTCEISU Construccion, S.A. ("GTCEISU"), which is a 49% shareholder in Keller-Terra S.L. in Spain. Keller's relationship with GTCEISU, as its joint venture partner in Keller-Terra, will not be affected by Mr Lopez Jimenez's retirement from the Board.

In light of his decision to stand down, the resolution to re-elect Mr Lopez Jimenez as a Director at the 2012 Annual General Meeting, as set out in the notice of that meeting, will be withdrawn.

Commenting today, Mr Roy Franklin, Chairman of Keller, said:

"Over the years, Pedro has brought to the Board exceptional knowledge and experience of our niche sector of the construction industry. Together with his international perspective and creative approach, this has enabled him to play a significant role in helping to develop the Group.

"On behalf of myself and my colleagues on the Board, I would like to take this opportunity to thank Pedro for the important contribution he has made to our business over these years and to wish him well in all his future plans."

For further information, please contact:

 
 Keller Group plc 
 Justin Atkinson, Chief Executive       020 7616 7575 
 James Hind, Finance Director 
 
 Finsbury Limited                       020 7251 3801 
 James Leviton 
 Talia Druker 
  Rowley Hudson

Note to Editors

Keller is the world's largest independent ground engineering specialist, providing technically advanced and cost-effective foundation solutions to the construction industry. With annual revenue in 2011 of GBP1.15bn, Keller has over 6,000 staff world-wide.

Keller is the market leader in the US, Australia and Poland; it has prime positions in most established European markets; and a strong profile in many developing markets.

On 9 March 2012, the Board of Keller announced that GTCEISU Construccion S.A. ("GTCEISU") had sold 3,691,985 ordinary shares in the Company, representing in aggregate approximately 5.7% per cent of the Company's total issued share capital.

GTCEISU acquired its stake in Keller in 2002 as part of the joint venture arrangements entered into upon creation of Keller-Terra S.L., Keller's subsidiary in Spain. It announced that GTCEISU would use the proceeds of the placing to continue the development of its own international business.

Keller's 2012 AGM will be held on 18 May 2012 at the offices of RBS, 250 Bishopsgate, London EC2M 4AA.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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