Oman Military Training College project not to proceed
25 February 2007
Since February 2004 the Training College Consortium, a 50:50 joint venture
between the Bahwan Engineering Group and Serco Group plc (Serco), has been
bidding to build and operate a military training college in Oman on behalf of
the Oman Ministry of Defence.
The Training College Consortium has been informed that the Oman Ministry of
Defence no longer wishes to proceed with its project.
The anticipated annual operating revenue to Serco was £7m per annum from 2011
for 17 years.
Serco will announce its preliminary results for the year to 31 December 2007 on
27 February.
Ends
Notes to Editors
Serco is an international service company which combines commercial know-how
with a deep public service ethos.
Serco improves services by managing people, processes, technology and assets
more effectively in the health, education, home affairs, local government,
science, technology, defence, transport and commercial sectors, in 37
countries.
Serco advises policy makers, designs innovative solutions, integrates systems
and delivers to the public. More information can be found at www.serco.com.
For further information please contact Serco:
T +44 (0) 1256 745 900
Richard Hollins, Head of Investor Relations
Dominic Cheetham, Director of Corporate Communications
For further details contact:
Serco Group plc, Palm Court, 4 Heron Square, Richmond, Surrey TW9 1EW, United
Kingdom
T +44 (0)20 8334 4122 F +44 (0)20 8334 4118 www.serco.com
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