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AMEC plc

10 November 2009

AMEC announces favourable vote at GRD Limited shareholder meeting

AMEC plc, the international engineering and project management company, announces that, at a meeting held today in Perth, Australia, the vote by shareholders of GRD Limited (GRD) was overwhelmingly in favour of the proposed acquisition by AMEC via a scheme of arrangement. 

Samir Brikho, AMEC Chief Executive said: 

"We are delighted that GRD shareholders have approved the transaction. The capabilities and geographic coverage of GRD are highly complementary with AMEC's existing business and we look forward to welcoming GRD employees to AMEC."

Tony Cruddas, President, Growth Regions, AMEC's Natural Resources Division, added:

"The acquisition of GRD, and the calibre of people within the company, allows AMEC to expand its Natural Resources business across Australasia and Africa whilst further enhancing our Mining presence and capability in South America."

Subject to court approval, the scheme is due to become effective on 16 November and to be implemented on 30 November 2009. 

Enquiries to:

AMEC plc:                                       +44 (0)20 7539 5800

Sue Scholes, Director of Corporate Communications

Neil Jamieson, Director of Investor Relations

Media:

Brunswick Group LLP                    +44 (0)20 7404 5959

Mike Harrison

Giles Croot

AMEC plc

Frank Stokes, Media Relations Manager     +44 (0) 1452 872121 

Notes to Editors:

AMEC plc

AMEC is a focused supplier of high-value consultancy, engineering and project management services to the world's energy, power and process industries. With annual revenues of over £2.6 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. AMEC's Natural Resources, Power and Process and Earth and Environmental businesses employ over 21,000 people in more than 30 countries globally.

AMEC shares are traded on the London Stock Exchange where the company is listed in the Oil Equipment and Services sector (LSE: AMEC.L).

www.amec.com

AMEC's Natural Resources business is a leading provider of total life-of-asset services to customers in the upstream and downstream oil and gas (including oil sands) and mining sectors, with a strong reputation for balancing global excellence with local delivery. 

GRD

GRD Limited is an Australian engineering and development company.

GRD Minproc, a wholly owned subsidiary of GRD Limited, is a leading global engineering and project delivery business providing high value services and specialising in the design, procurement and construction of mineral resource and waste-to-resources projects. The company's process engineering and project record are internationally recognised with extensive experience gained in copper, gold, uranium, nickel and iron ore. Customers include BHP Billiton, Anglo American, Freeport McMoRan, Rio Tinto and Vale.

Global Renewables is a development company specialising in the recovery of resources from municipal solid waste. Global Renewables is currently undertaking the Lancashire Waste Partnership PFI Project, one of the largest waste contracts of its type in the United Kingdom.

GRD's revenue in the year ending 31 December 2008 (for continuing activities) was A$251 million (£123 million). 

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