Completion of disposal of Capita Asset Services

COMPLETION OF DISPOSAL OF CAPITA ASSET SERVICES BUSINESSES

Capita plc (‘Capita’) announced on 23 June 2017 the sale of the Capita Asset Services businesses (‘CAS’) to Link Administration Holdings Limited (‘Link Group’), subject to certain regulatory and other approvals.

Capita confirms the completion today of the sale of CAS for a cash free, debt free consideration of £888 million.

Nick Greatorex, Interim CEO and Group Finance Director said:

“We are pleased to have completed the disposal of our Capita Asset Services businesses. This means that we have successfully achieved the objective we set at the end of 2016 of disposing of these businesses and reducing our debt so that we are better positioned to support and invest in the future success of Capita.”

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For further information:

Capita plc
Shona Nichols, Executive Director, Corporate Communications
Andrew Ripper, Head of Investor Relations
Tel: [phone]
[e-mail]

Capita is a leading UK provider of technology enabled customer and business process services and integrated professional support services. With 67,000 people at over 450 sites across the UK, Europe, India and South Africa, Capita uses its expertise, infrastructure and scale benefits to transform its clients' services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L). Further information on Capita can be found at: http://www.capita.com. LEI no. CMIGEWPLHL4M7ZV0IZ88.