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Aggreko plc Trading Update

15 Jun 2006

Aggreko plc, the world leader in the supply of temporary power, temperature control and oil-free compressed air services, is issuing the following trading update prior to entering its close period in respect of the half-year ending 30th June 2006 and meeting with analysts. Interim results will be announced on Thursday, 14th September 2006.

Trading Overview

As indicated in the Trading Statement at the time of our AGM, trading performance in the first half has been very strong, and overall the Group has made significant progress compared with the first half of 2005.

Aggreko International has continued the momentum seen in the second half of 2005, and there has been strong growth in both International Power Projects and in the Local businesses in the Middle East, Singapore and Australia. In the International Power Projects business, against a relatively weak first half last year, profits have grown strongly as we benefit from contracts signed in 2005 and a large number of contract extensions. Recently-announced contract wins in Kenya and Yemen, supported by substantial investment in additional fleet, will underpin performance in the second half.

In North America, investment in new fleet as well as the strong performance of our sales and service teams has produced significant base-business growth in the first half, and we have seen continued margin expansion underlying the scalability of our new business model. Much of this growth is coming from the petro-chemical and oil refining sectors where many of our customers are operating at capacity. The initial rollout of our new ERP system is now complete in North America.

In Europe, trading performance in the first half will be similar to last year. As described in the Trading Statement at the time of our AGM, Continental Europe has performed noticeably better in the first half, while in Northern Europe, although revenues have grown, profits have been held back, in part by high levels of implementation costs related to our new ERP system, which went live in the first quarter.

Outlook

Looking forward, the business is about to enter its peak summer season. The trading performance during this period is always a key factor in determining the outcome for the year as a whole.

In the second half of 2005 the Group’s performance was boosted by $32m of storm revenue in North America (largely related to Hurricanes Rita and Katrina) which was more than three times higher than Aggreko’s normal range of storm-related revenues. In the current year, improved forward visibility in International Power Projects as a consequence of recent contract wins, as well as the positive momentum of the Local businesses in North America and Aggreko International, lead us to expect a strong underlying performance in the second half. Accordingly, we now anticipate that the outcome for the year as a whole will be ahead of our previous expectations.

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