Response to SRA Announcement

National Express Group PLC 7 February 2001 7th February 2001 NATIONAL EXPRESS GROUP PLC Response to SRA announcement on Central Trains Franchise Replacement Process National Express Group PLC ('National Express') notes today's announcement by the SRA which states that the replacement process for the Central Trains Franchise has been halted. Commenting on the announcement, Richard Brown, Commercial Director, National Express said: 'We are very surprised and disappointed by today's announcement. However, it has become clear that there are complex policy issues that the SRA has been trying to resolve with the PTEs concerned. We submitted our initial proposals in January 2000. This was supplemented in July 2000 when we provided detailed proposals to the SRA. We believed then, and continue to believe, that these proposals contained a range of innovative and exciting ideas which would have considerably improved services to passengers throughout Central Trains extensive network. Whilst we remain committed to the running of the franchise, we believe in the longer term that halting this process is not in the interests of Central Trains passengers who will see a delay in improvement to services. We shall be seeking a meeting with the SRA to discuss this matter in an attempt to resolve their concerns and in an effort to kick start this process once again. We look forward to reaching a mutually agreeable solution. Moving forward, we will continue to work with the SRA on the remapping of the rail franchises. As part of this process, the Group is actively assisting in the drawing up of the new Wessex and Wales and Borders franchises and preparing the Great Northern part of the new Thameslink franchise.' - ENDS - For further information contact: Nicola Marsden, Press Office 020 7529 2000 National Express Group PLC

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