Acquisition(s)

4 December 2002                                 
                                                
See below                                       



                 Serco acquires CCM Software Services Limited                  

Serco Group plc ('Serco') is pleased to announce that it has completed the
acquisition of CCM Software Services Limited ('CCM') for an initial
consideration of £ 8.6 million with further deferred consideration of up to £
4.2 million subject to achieving performance targets.

CCM, formed in 1987 and based in Dublin, Ireland specialises in the design and
development of sophisticated scheduling, resource allocation and finance
systems for schools. CCM has over 1,700 customers, which includes nearly all
secondary schools in Ireland, 700 UK schools and 80 universities. In the year
to 31 July 2002 CCM recorded sales of £3.6m and generated an operating profit
of £638,000. The acquisition, after financing and implementation costs and
goodwill, is expected to be earnings neutral in 2003.

The use of high quality data is at the core of government's drive to raise
standards in the education sector. Schools therefore need systems and processes
that enable them to collate and analyse the wealth of information that is
available to them. They also require systems that meet the developing school
agenda and have sound architecture, functionality, future proofing and
appropriate reporting facilities. CCM's range of products and the addressable
markets make it an ideal fit with Serco's business goals and offers significant
opportunities in this sector.

Commenting on the acquisition, Christopher Hyman - Serco's Chief Executive
said:

' This acquisition adds to Serco's existing presence in the education sector
and brings additional capability that allows us to build on a wide marketplace.
CCM's product set complements Serco's existing school management and
improvement products and will provide a unique integrated toolkit. By combining
this with Serco's change management skills, we will be able to assist schools
in addressing their drive for continuous improvement and help meet the
governments modernisation agenda.

W e are looking forward to working with the management team to maximise the
growth potential of the company.'

                                   - Ends -                                    

For further information please contact Serco Group plc:

T [phone]

Ben Woodford Corporate Communications Director

Notes to Editors

- Serco is an international provider of management services to government and
industry. The company covers a wide range of activities, from controlling
satellites and operating computer networks for the European space agency, to
managing and operating the Docklands Light railway where Serco was recently
voted National Rail Operator of the Year for the second year running

- More information on Serco can be found at www.serco.com

- CCM employ 40 people based in offices in Ireland, the UK, Canada and
Singapore

- The CCM product suite is an integrated MIS specifically designed to allow
organisations to plan, regulate, manage and schedule a full range of human and
physical resources.

                                 NEWS RELEASE                                  

Serco Group, Inc.

20 E Clementon Road, Suite 102 South

Gibbsboro, New Jersey 08026

United States

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www.serco.com

Serco Group Pty Limited

Level 10, 90 Arthur Street

North Sydney, NSW 2060

Australia

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Serco Group plc

Dolphin House, Windmill Road

Sunbury-on-Thames, Middlesex TW18 7HT

United Kingdom

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