Bovis Awarded SAUSD Contract on $24 Million Mendez Fundamental Intermediate School Project.

LOS ANGELES--(BUSINESS WIRE)--April 19, 1999--

Bovis Performing Construction Administration Services

for Unique Space Conservation School

Bovis Construction Corp., one of the leading construction service organizations in the world, announced that it will manage the completion of the $24 million Mendez Fundamental (Space Saver) Intermediate School, which broke ground in November 1997.

Bovis was awarded the contract by the Santa Ana Unified School District (SAUSD) on a 5-0 vote.

The Space Saver School, located at 2000 N. Bristol Street in Santa Ana, is being built on a five-acre lot behind an existing shopping center. The lot is almost half the size of average intermediates in the state and therefore calls for the additional construction management expertise that Bovis will provide.

"We are thrilled to be able to assist the District in completing such an important project that will positively impact the education environment for Santa Ana students," said Don Dreusike, Principal-in- Charge of Bovis, Los Angeles. "The Bovis team immediately began assessing the current project status and defining the critical design and construction issues."

The multi-story, joint-use project addresses a desperate need for additional space in the school district and will be the first multi-story complex developed to accommodate more than 1,200 students, faculty and staff. Plans for the school include: open space lunch court, grand stairs entry, specialized programs wing, and a ground floor parking garage for use by the neighboring department stores.

Mendez Fundamental Intermediate will be the ninth intermediate school in the district. Bovis will monitor the construction process and documentation through project completion and closeout.

Founded more than 100 years ago, Bovis is the U.S. holding company for the London-based Bovis Construction Group, a subsidiary of the Peninsular and Oriental Steam Navigation Company (P&O). Bovis Construction Group is one of the world's leading construction companies, providing construction services for large-scale residential, commercial, retail and infrastructure developments.

Currently, Bovis manages more than $22 billion worth of contracts globally through 77 offices in 35 countries, employing more than 5,000 staff.