Rolling Stock Order

National Express Group PLC 14 February 2002 14 February 2002 NATIONAL EXPRESS GROUP PLC £160 MILLION ROLLING STOCK ORDER PLACED FOR MIDLAND MAINLINE National Express Group PLC ('NEX') today announces it has signed a £160 million order with Bombardier Transportation for the manufacture and supply of new rolling stock for its Midland Mainline ('MML') franchise. The new fleet, which will be financed by way of operating lease through HSBC Rail, will be fully in service by 31st January 2005. The order has been placed as part of MML's two year franchise extension, awarded in August 2000 by the Strategic Rail Authority, which takes the franchise to 2008. The twenty-three trains consisting of 127 carriages will double capacity on the service where passenger growth of over 50% has been achieved since privatisation. The new fleet will be called 'Meridian' and will replace the current Turbostar fleet by January 2005. The new units will run alongside MML's existing fleet of 13 high speed trains, which will undergo complete refurbishment during the next two years. The trains, which will be built by Bombardier at their plants in Wakefield in Yorkshire and Brugge in Belgium, will create an additional 130 jobs at MML. The new rolling stock will incorporate: A modern buffet-style bar; Powerpoints throughout the train for using laptops; An electronic seat back reservation system; and Provision for at-seat entertainment throughout the train. Commenting on the order, Ian Buchan, Chief Executive of the NEX Trains Division said: 'We are delighted that as part of our franchise agreement we can now confirm that this new fleet of trains is in the pipeline. The quality of the service that MML can provide to customers will be greatly enhanced by this development.' Richard Bowker, Chairman of the SRA, said: 'Launching the SRA's Strategic Plan last month, I said that there is real enthusiasm from the private sector to invest in the railways. Today's announcement confirms this commitment, and is great news for travellers on this vital route between London, the Midlands and Yorkshire'. - E ND S - For further information, please contact: Nicola Marsden National Express Group 020 7529 2000 Andrew Dowler/Ben Foster Financial Dynamics 020 7831 3113 Notes for Editors: 1. MML is part of the National Express Group and operates train services along the M1 corridor between South Yorkshire, the East Midlands and London. 2. In August 2000 the shadow Strategic Rail Authority extended the franchise by a further two years to 2008. This order was part of that commitment. Other commitments include £22 million worth of improvements to stations, construction of East Midlands Parkway and the establishment of a Customer Service Academy in Derby. 3. Since the award of rail franchises at privatisation, in total the National Express Group has ordered 198 trains for its Central Trains, c2c, Gatwick Express and ScotRail franchises. 4. MML's fleet of 17 Turbostars will be used elsewhere in the National Express Group. 5. The name Meridian means i) one of the imaginary lines joining the north and south poles ii) the peak of achievement. 6. A detailed technical specification is available on request. This information is provided by RNS The company news service from the London Stock Exchange

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