Serco signs MoU with UK Government

Serco signs Memorandum of Understanding with UK Government

12 November 2010

Serco Group plc (Serco), the international service company, is pleased to
announce that it has today signed a Memorandum of Understanding (MoU) with the
UK Central Government to deliver savings on a number of its contracts. 

The savings will be made through scope changes and cost efficiencies and are
not material to the Group's financial expectations.

Christopher Hyman, Serco Group plc Chief Executive, said: "I am very pleased
that we have signed our MoU with the UK Government and we look forward to
continuing to support our customer in the delivery of essential public
services."

Serco confirms its financial guidance as previously stated and will publish its
Interim Management Statement on Monday 15 November at 07:00.

For further information please contact Serco:

Dominic Cheetham, Director of Corporate Communications T [phone]

Jill Sherratt, Interim Head of Investor Relations T [phone]

Marcus De Ville, Head of Media Relations T [phone]

About Serco

Serco is a FTSE 100 international service company, which combines commercial
know-how with a deep public service ethos. Around the world we improve
essential services by managing people, processes, technology and assets more
effectively. We advise policy makers, design innovative solutions, integrate
systems and - most of all - deliver to the public. Serco supports governments,
agencies and companies who seek a trusted partner with a solid track record of
providing assured service excellence. Our people offer operational, management
and consulting expertise in the aviation, BPO, defence, education,
environmental services, facilities management, health, home affairs,
information and communications technology, knowledge services, local
government, science and nuclear, transport, welfare to work and the commercial
sectors. More information can be found at www.serco.com