Corporate Update

National Express Group PLC 30 June 2006 30 June 2006 National Express Group National Express joint venture with MTR Corporation for South Western franchise National Express Group ('the Group') today announces it has teamed up with MTR Corporation Limited, the operator of the Hong Kong mass transit railway system, and will today be submitting a joint bid for the South Western rail franchise competition, for which the Group pre-qualified earlier this year. Through the 50:50 joint venture agreement, the Group has fully reviewed and contributed to the South Western franchise bid and will participate in post franchise submission negotiations with the Department for Transport. Commenting on today's announcement Phil White, Chief Executive, National Express Group said: 'Following an approach by MTR, we undertook a comprehensive review of the bid, and with our experience and additional resource, we felt we were in a position to add value to what in our view is a strong bid.' Jeremy Long, Chief Executive Officer-European Business of MTR said; 'We are delighted that National Express Group has joined forces with us on this exciting project. We believe that National Express has provided an added UK based dimension to the extensive work that we have already undertaken, and have welcomed them into the team.' - E ND S - Notes to Editors • The South Western franchise competition was launched in March 2006. • National Express Group is one of the UK's leading train operating companies with six franchises within its portfolio; c2c, Silverlink, Central Trains, Gatwick Express, Midland Mainline and 'one' incorporating Stansted Express. The Group is currently bidding for the three Midlands franchises; East Midlands, West Midlands and Cross Country. • MTR Corporation is a Hong Kong based railway operator responsible for the operation of the mass transit railway in Hong Kong which carries, on average, in excess of 2.4 million passengers every weekday. For further information: Nicola Marsden/Georgina Parkes National Express Group 020 7529 2000 Andrew Dowler/Ben Foster Financial Dynamics 020 7831 3113 MTR press office 020 7269 7237 This information is provided by RNS The company news service from the London Stock Exchange

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