LPA Group PLC
Contract win from First Great Western
LPA Group PLC ('LPA' or 'the Group') is pleased to announce that LPA Niphan Systems has been awarded a £0.62m contract to upgrade the inter-car electrical interface (Jumpers) on 541 High Speed Train ('HST') power cars and passenger carriages operated by First Great Western, the Train Operating Company owned by FirstGroup plc.
The vehicles to be upgraded under this contract award comprise 117 HST power cars and 424 HST carriages. Delivery will commence at the end of 2008 and continue in to the first quarter of 2009.
Peter Pollock, LPA Chief Executive, comments:
'This is great news for the Group and will give us a good boost at the start of the 2009 financial year. It is the latest in a series of contract awards we expect to receive and follows the contract from SNCF in France, announced on 28 October 2008.
'I am also delighted to announce that the technology of another of our subsidiary companies, Excil Electronics, has been recognised by an award for innovation in LED Lighting at this week's Railway Interiors Show in Amsterdam.'
6 November 2008
ENQUIRIES:
LPA Group PLC
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Tel: 01799 512800
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Peter Pollock, Chief Executive
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Steve Brett, Finance Director
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Blomfield Corporate Finance Limited
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Tel: 020 7489 4500
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Alan MacKenzie
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Peter Trevelyan-Clark
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Ben Jeynes
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Religare Hichens, Harrison plc
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Tel: 020 7382 7781
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Daniel Briggs
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Alan Rooke
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College Hill
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Tel: 020 7457 2020
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Gareth David
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