Statement re Release of Guarantors

RNS Number : 2503J

National Express Group PLC

03 August 2012

 

National Express Group PLC (the "Issuer")

Statement re Release of Guarantors in respect of the Issuer's £1,000,000,000 Euro Medium Term Note Programme (the "Notes")

The Issuer announces that in accordance with condition 4(c) of the terms and conditions of the Notes, the Issuer has released its subsidiaries, National Express Corporation and Durham School Services, L.P. as guarantors in respect of:

a) the £350,000,000 6.250 per cent. Notes due 13 January 2017 presently outstanding (ISIN: XS0478043291); and

b) the £225,000,000 6.625 per cent. Notes due 2020 presently outstanding (ISIN: XS0518274815).

The release of the guarantors takes effect as of today, 3 August 2012.

Investor enquiries:

National Express Group PLC

Michael Hampson

Secretary

0207 805 3808

 

END

 

 

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