Trading Statement

National Express Group PLC 2 July 2002 National Express Group PLC Pre-close Trading Update National Express Group today reports on trading for the six months to the end of 30 June, prior to entering its close period, and confirms that trading remains in line with market expectations. In the UK our bus and coach divisions continued to make good progress. Passenger revenues in the trains division remained variable, with the performance of our regional train operating companies, particularly ScotRail following industrial action, showing no improvement on levels reported at the year end stage. Patronage across our London and South East TOCs was stable and good patronage growth was achieved by our long-distance TOC, Midland Mainline. Services on the WAGN franchise have now returned to normal following the tragic incident at Potters Bar. In North America, we are pleased with the outcome of the 2002/03 school bus contract bidding season despite the competitiveness of the marketplace. In mid June we announced the acquisition of Canadian school bus operator, Stock Transportation for a total consideration of C$170 million (£74.3 million) with completion scheduled for early July. Trading in our US public transit division continued to be affected by increasing insurance claims. In Australia, constructive discussions with the Victorian Government continue in relation to our train and tram businesses. National Express will be announcing its interim results on 17 September 2002. - E N D S - For further information, please contact: William Rollason, Finance Director Nicola Marsden, Director of Group Communications National Express Group PLC 020 7529 2000 Steve Jacobs/Ben Foster Financial Dynamics 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange ESELW

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