Our business strategy is driven by a desire to deliver
a successful model for growth.

Our vision is to be recognised as a top five building services contractor in all the sectors in which we operate.

TClarkeʼs focus is to retain and enhance its traditional reputation for delivering good value, total trustworthiness and excellent work quality.

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At the same time, going forward we aim to show our clients consistent ability to innovate - in our working practices, in our engineering solutions and in new ways of collaboration. Where we offer new skills, for example in the fields of Intelligent Buildings and Green technologies, we aim to offer innovative solutions alongside the comfort of our longstanding reputation for quality.

TClarke aims to be known across the construction industry as a true nationwide operator, offering all the advantages of nationwide coverage and scale but retaining the genuine regional identity, relationships and market understanding it has today. In doing this TClarke will provide a more compelling proposition and be better positioned for growth. To achieve this vision, we will focus our energies on industry sectors and market opportunities with significant growth and profit potential.

We will also organise ourselves so that we have the capabilities to maximise the groupʼs potential and deliver long term growth and value for our shareholders, our employers and for the business itself.

The Board is encouraged that our forward order book remains strong, at approximately £187m (£180m November 2010).

In London we have been awarded a number of significant contracts including 100 Bishopsgate.

This scheme, when completed in 2014, will provide three new buildings totalling 820,000 sq ft including
a 39 storey, 166m tall office tower and the enabling works at...

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...London Bridge Station which will involve the removal and transferring of key services and assets, around the station by 2013.

Our forward order book in the regions is supported by contract wins including educational projects at the College of West Anglia, Kings Lynn; De Warenne Academy, Doncaster; Jesus College, Cambridge and at York University. We have also secured Fife Renewables Innovation Centre, Fife; and residential developments at Temple Quay Bristol known
as The Eye and Nazareth House, Plymouth.

In September we announced contracts had been exchanged for the sale of 116 - 118 Walworth Road, London SE17 1JY, currently the Group's Head Office. We expect that this transaction which includes a cash consideration of £3.1m and an exceptional profit
of £2.1m will be completed in December this year.

In the short term there is no doubt that conditions in the construction sector will remain bumpy and we will continue to manage the business on the basis that market conditions will remain tough.

Across the UK we continue to focus on the diversity of our businesses which has allowed us to make sensible progress with our strategy to broaden the range of services that we offer. We are confident that this will enable us to increase our market share of quality work in the medium term.