FOR IMMEDIATE RELEASE  
                       

27 FEBRUARY 2003

                                   AMEY PLC                                    

              Circular to shareholders re proposed disposal of a               

           portfolio of PFI investments to Laing Investments Limited           

Copies of the above document have been submitted to the UK Listing Authority
and are now available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Tel no: 020 7676 1000

                                                                         



END