Innovative Healthcare Propert

Issued on behalf of Henry Boot PLC by Citigate Dewe Rogerson, Birmingham

Date Wednesday 8 December 2010                              Immediate Release

Henry Boot PLC

The Board of Henry Boot PLC is pleased to announce that its property development arm, Henry Boot Developments, and Calderdale and Huddersfield NHS Foundation Trust have agreed to form an innovative new joint venture property partnership.

This property partnership aims to ensure that best value will be secured from the former St Luke's hospital site in Crosland Moor, Huddersfield and where appropriate any future surplus Foundation Trust assets. In addition, it will provide funding to develop existing assets for the Foundation Trusts' own occupation.

The first project to be undertaken by the joint venture will be the re-development of 46,000 sq ft of new office and clinical space at Acre Mill, a former manufacturing facility, adjacent to Huddersfield Royal Infirmary.

Commenting on the newly formed partnership, Jamie Boot, Group Managing Director, Henry Boot PLC said:

"We are delighted with this initiative. Henry Boot Developments has a long history of undertaking innovative and successful property partnerships with a wide variety of public and private organisations. This partnership is believed to be one of the first of its kind involving an NHS Foundation Trust and will enable the continued development of local health services within the NHS Foundation Trust in spite of public spending constraints."