Construction on the schemes will be carried out by Laing O’Rourke. Construction works will begin immediately, with the first primary care centre scheduled to open in early 2007.

“The financial close on the North Nottinghamshire LIFT scheme is great news for ExcellCare and for the people of North Nottinghamshire,” commented ExcellCare Director, Ian Wells.

ExcellCare has also this week announced financial close on the latest phase of the Greater Nottingham LIFT scheme, worth over £14million. This will see an 8,000 sq metre joint service centre built at Hyson Green, Nottingham, for Nottingham City Council and the Nottingham Primary Care Trust; and the development of a 2,300 sq metre primary care centre for Rushcliffe Primary Care Trust.

ExcellCare LIFT companies now have six facilities open to patients, with 27 under construction and a further 25 in development. The total value of construction is over £131million.

Ian Wells added, “Financial close of the two additional schemes in Greater Nottingham represents further substantial investment in the primary health and social care provision within both the city and in Rushcliffe.

“Taken together the development of both the North Nottinghamshire and Greater Nottingham projects will help to transform primary healthcare provision within the county.”

ENDS

For further information contact:

Madano Partnership

Anne Sampson/Matthew Moth - 020 7593 4000

John Laing plc

Christine Jones - 020 7901 3200

Editors Notes

The seven developments in the North Nottinghamshire LIFT scheme are

o       Bull Farm Primary Care Resource Centre, Mansfield PCT - £2.8million

o       Warsop One Stop Shop, Mansfield PCT - £4.7million

o       Ashfield Health Village, Ashfield PCT - £4.6million

o       Balderton One Stop Shop, Newark and Sherwood PCT - £3.4million

o       Rainworth Primary Care Resource Centre, Newark and Sherwood PCT - £3.0million

o       Retford Primary Care Centre, Bassetlaw PCT - £10.5million

o       Harworth Primary Care Centre, Bassetlaw PCT - £5.2million

- ExcellCare is a joint venture company established by Equion Ltd (part of John Laing plc) and     Bank of Scotland to participate in the Government’s Local Improvement Finance Trust (LIFT)   initiative.
- Equion is a specialist provider of facilities in the PFI and PPP markets with a long term   perspective and approach.
- The company manages and delivers projects from planning and funding through to design,   construction and operation. It is actively involved in the management of a wide range of health,   police, education, defence and special purpose government facilities
- Bank of Scotland’s Corporate Infrastructure Finance team is a leading funder of Public Private   Partnership projects. 
- It has funded more than 100 PPP projects and has provided equity investment as part of an   integrated funding package to more than 40 projects, equating to £10 billion of project value   across the UK and Europe.  It has participated in the funding of more than 8,000 acute hospital   bed spaces across the UK and is a major investor in the improvement of Britain’s hospitals and   health centres, with several more projects currently at preferred bidder stage