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Costain Annual Report Wins Investor Relations Award

21 November 2012

Costain has been recognised at a prestigious investor relations awards ceremony in London for its latest Annual Report.

Costain won the Most Effective Overall Annual Report (Printed and Online) in the Small Cap & AIM category at the Investor Relations Society’s (IR Society) Best Practice Awards held at The Pavilion, The Tower of London, on 20th November 2012.

Now in its 12th year, the IR Society Best Practice Awards recognise and reward best practice in investor communications, both online and in print.

The awards, which were attended by around 450 people from across the investor relations and corporate communications industry, were compered and presented by former Conservative Party politician and Cabinet Minister Michael Portillo.

The IR Society is the professional body for those involved in investor relations and is the focal point for investor relations in the UK.

The awards’ winners are determined through a robust, three-part review process. All entries are reviewed and scored against a checklist, based on the Society’s Best Practice guidelines, and the specific criteria for each award, set out in the awards entry form.

Commenting on the award, the judges said: “Costain Group presented a clear and easy to navigate report with the Remuneration Committee content being a particular feature.”

Investor relations is a strategic management function that incorporates finance, communication, marketing and strict compliance with stock exchange listing rules to enable the most effective two-way communication between a company, the financial community, its shareholders and stakeholders.

Costain started to integrate its financial and corporate responsibility reporting into its Annual Report four years ago.

This allowed shareholders and other stakeholders to better gauge how the company performed financially and, through the successful implementation of Costain Cares initiative launched in May 2011, see how it conducted its business in the communities in which it operated.

Catherine Warbrick, Costain’s Corporate responsibility Director, said: “We are delighted to have been recognised by the Investor Relations Society for our 2011 Annual Report, which showcases our approach to business. Through Costain Cares we are building a more responsible, longer-term sustainable business that creates economic, environmental and social value for all stakeholders.”

View the 2011 Annual Report and see what caught the judges’ eyes.