Meeting with analysts and investors

Monday 21 July 2003

                  Serco Group plc - 'PFIs Explained' meeting                   

Serco Group will be holding a meeting with analysts and investors at 12.45pm
today, entitled 'PFIs Explained'.

The presentation is part of Serco's approach of promoting a better
understanding of PFIs, and will cover: -

- Serco's approach to PFIs

- A typical PFI structure

- Risk management

- Accounting for PFIs

- Future of PFIs and importance to Serco.

A copy of the presentation slides is available on www.serco.com both in the
news desk and the investor centre.

                                                                               
                                   - Ends -                                    

For more information please contact:-

Serco Group plc 01256 745900

Ben Woodford Corporate Communication Director

Serco Group, Inc.

20 E Clementon Road, Suite 102 South

Gibbsboro, New Jersey 08026

United States

T [phone]

F [phone]

Serco Group Pty Limited

Level 10, 90 Arthur Street

North Sydney, NSW 2060

Australia

T [phone]

F [phone]

Serco Group plc

Serco House, 16 Bartley Wood Business Park

Bartley Way, Hook, Hampshire

RG27 9UY, United Kingdom

T [phone]

F [phone]