Bracknell and SNC-Lavalin Joint Venture Obtains Major Management Contract from Ontario Government.

TORONTO--(BUSINESS WIRE)--June 8, 1999--

(ME:SNC.) (TSE:SNC.) (TSE:BRK.) PROFAC Facilities Management Services Inc., a company jointly owned by Bracknell Corporation and SNC-Lavalin Inc., has been awarded two contracts totaling $442.5 million by the Ontario Realty Corporation, a Crown agency, to manage all provincial facilities in two regions of Ontario: the Greater Toronto Area and the Southwest region.

These two portfolios represent more than 2,200 buildings, covering 31 million square feet. The five-year agreement will commence on October 1, 1999. PROFAC anticipates the employment of approximately 500 people for the mandate, having first offered positions to persons currently carrying out the work.

"This is the largest facilities management outsourcing mandate in Canadian history," said Jonathan Taylor, Chief Executive Officer of PROFAC. "This mandate will more than double our business and will make PROFAC the largest facilities management provider in Canada by far," Mr. Taylor added. "As the Canadian leader in this market, we have an even greater ability to provide better service to all of our customers, including the Province of Ontario, CBC and Canada Post Corporation, to name just a few."

PROFAC's services include operations analysis and the identification of management efficiencies and new systems or technologies to improve the overall performance and value of the portfolio. This approach is expected to reduce the operating costs of the portfolio over the next five years.

The largest provider of facility management services in Canada, PROFAC manages in excess of 55 million square feet of owner- occupied space. It is an ISO 9001-certified facility management company, with head office in Toronto and 15 offices across the country.

Bracknell Corporation is a growth-oriented service company providing electrical, mechanical, other technical and facilities management services to commercial, industrial, institutional and public sector customers in Canada, the United States and abroad. In 1998, revenues were $456 million. Bracknell is listed on the Toronto stock exchange.

SNC-Lavalin Group is one of the leading engineering and construction firms in the world, and a key player in the management of facilities and infrastructure. Its subsidiary, SNC-Lavalin Engineers and Constructors Inc., is one of the largest engineering constructors in Ontario. The group and its companies have offices across Canada and in 30 other countries; they are currently working in some 100 countries. SNC-Lavalin Group is listed on the Toronto and Montreal stock exchanges.

Press releases are available on Web sites at the following addresses: www.profac-group.com www.snc-lavalin.com and www.bracknell.ca