8 July 2010 – pre close trading statement

A trading update has been released covering the first half of 2010. Full year results are still expected to be in line with expectations and June was the best month so far this year. With stronger operational performance expected in the second half, the shares could potentially be good value. However, contract awards for the first six months of 2010 were down on the same period a year earlier and for now we maintain our HOLD rating.