Re Contract

Wednesday 26 February 2003                      
                                                
See below                                       

 Serco Group selected by Ontario Ministry of Transportation to provide Driver  
                             Examination Services                              

Serco Group plc ('Serco') is pleased to announce that it has been selected by
the Ministry of Transportation ('MTO'), Government of Ontario, Canada to
provide driver examination services under a 10-year public private partnership.
Following a transition period, the contract is anticipated to commence in
August 2003.

Under the contract terms Serco will provide all driver examination services
required by the 12 million residents of Ontario to obtain or upgrade all
classes of driver's licenses. Driver examination services include all
processing of initial applications and the provision of all vision tests,
knowledge tests, and road tests. Serco will provide driver examination services
from 55 Driver Examination Centres and 37 'travel points' located in major
cities and smaller communities throughout Ontario.

In the coming months, Serco will launch a re-branded driver examination
services business for Ontario and introduce a range of customer service
improvements. This will include harnessing leading-edge technology to
streamline the processing of license applications, improve the provision of
knowledge tests, and support road test appointment scheduling and delivery.

The contract is expected to generate C$600 million in revenue over the 10-year
concession. Serco will pay the Ontario government a concession fee of
C$114million, which will be funded by up to C$15 million from Serco's existing
cash resources and the remainder from non-recourse debt to be provided under a
ring fenced facility. The contract will be immediately earnings enhancing.

Christopher Hyman, Serco Group's Chief Executive said:

'This is a milestone contract for Serco in our continuing growth in the North
American market. I am very pleased that the Ontario government has selected
Serco to transfer this important public service. We look forward to working in
partnership with MTO and our new colleagues to provide improvements in customer
service to Ontario residents.'

                                   - Ends -                                    

For further information please contact Serco Group plc: T: [phone]

Ben Woodford         - Corporate Communications Director                     

Issued:

Release:

Contact:

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

Dolphin House, Windmill Road

Sunbury-on-Thames, Middlesex TW16 7HT

United Kingdom

T [phone]

F [phone]

NEWS RELEASE

www.serco.com