Capita and Marsh complete deal on operations ou...

26 June 2008 Capita and Marsh complete deal on operations outsourcing * Agreement signed, worth £187 million over 10 years, to enhance service delivery and generate significant cost savings * Marsh's existing offshore work to transfer to Capita's offshore facilities The Capita Group Plc (Capita) and Marsh Ltd (Marsh) have today signed a deal to deliver and transform Marsh's UK operations. The contract will be worth £187 million to Capita over 10 years. Capita announced that it had been selected as preferred bidder by Marsh on 11 January this year. Under the agreement, Capita will provide support and processing services to enhance Marsh's broking activities to clients across its multinational business. Marsh's UK operations are based in Norwich with some offshored services delivered by an external provider in India. Approximately 600 Marsh employees will transfer under TUPE to Capita and the current offshored work will be transferred to Capita's new offshore facility in Pune, India. Service commencement will be 1 July 2008. Capita will undertake a comprehensive transformation programme to enhance service provision to Marsh and its clients while delivering significant reductions in operational transaction costs. Alongside this service transformation, Capita will create a centre of excellence for insurance outsourcing services based in Marsh's existing Norwich premises. The capacity and capability within this centre will primarily be used to transform Marsh's UK operations. Over time, options to utilise this facility for other Marsh and Capita insurance activities will be considered. Paul Pindar, Chief Executive of The Capita Group, commented: "This partnership will draw upon Capita's technical expertise across the insurance market and service re-engineering capabilities across the wider financial services industry. An integrated operating infrastructure will deliver cost and quality benefits alongside enhanced customer service and provide a flexible platform for Marsh's current and new business. The work will continue to be delivered from a Norwich base and we look forward to welcoming all staff who transfer to Capita." Martin South, CEO of Marsh UK, said: "We are very pleased to have established this partnership with Capita and are confident it will be beneficial to both our clients and our staff. In particular, it will transform the way in which we do business, supporting our commitment to providing a customer experience that's truly world-class. It will also give our staff increased opportunities for career development." -ends- For further information: The Capita Group Plc Paul Pindar, Chief Executive Shona Nichols, Corporate Communications Director Tel: 020 7799 1525 Capita press office: Caroline Mooney Tel: 0207 654 2152 or 0870 2400 488 out of hours Marsh: Jason Groves Head of Media Relations Tel: 020 7357 1455 Note to editors The Capita Group Plc is the UK's leading provider of integrated professional support service solutions. The Group's service capabilities encompass customer services, financial services, human resource services, software services, systems and strategic support and property services delivered to both public sector and private organisations. With over 29,000 employees at more than 300 offices across the UK, Ireland and India, Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with revenues for 2007 of £2,073 million. Further information on The Capita Group Plc can be found at: http:// www.capita.co.uk About Marsh Marsh, the world's leading insurance broker and risk advisor, has 26,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with more than 55,000 employees and annual revenue exceeding $11 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; Oliver Wyman, the management consultancy; and Kroll, the risk consulting firm. MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC's Web Site is www.mmc.com . Marsh's Web site is www.marsh.com.

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