Trading Statement

National Express Group PLC 27 June 2005 For announcement at 0700 hours on 27 June 2005 National Express Group PLC Pre-close trading update National Express Group today reports on trading for the six months to 30 June 2005, prior to entering its close period. The Group is pleased to report that earnings remain in line with expectations and that it continues to generate strong operating cashflow. The Group will be meeting with analysts this week. Our trains division is trading well. The recent focus on improving operational performance has resulted in the Group currently running seven of the UK's top nine best performing train operating companies. Following receipt in early June of the Invitation to Tenders for Greater Western and Thameslink/GN franchises, we are preparing our bids for submission in September. We continue to work closely with the Strategic Rail Authority and now the Department for Transport on franchise remapping, in particular concerning the future of Central Trains, Midland Mainline and Silverlink. The coach division has experienced sustained passenger growth following an increase in the number of best value fares offered and further improvements to the route network. We have continued with our strategy of investing in customer facilities and developing our product offering, as more passengers are attracted to the coach network. Despite increases in fuel costs, our bus operations are trading in line with expectations. In the West Midlands, passenger growth remains a challenge, particularly amongst concessionary fare travellers. In London, we were pleased to complete the acquisition of the Tellings Golden Miller bus operations which has doubled our presence in this growing market. In North America, we are nearing the end of another successful school bus bid season and have experienced good organic growth at a number of our school contracts. We have maintained our market leading margins in this area. The recent trend of stabilisation in our public transit operations has continued. We have completed the restatement of the Group's 2004 results under International Financial Reporting Standards and have issued these today in a separate announcement. Our interim results will be announced on 28 July 2005. - E ND S - • There will be an analyst conference call at 0930 hours on Monday 27 June 2005 - further details are available from Dido Laurimore at Financial Dynamics on 020 7269 7144. For further information: Adam Walker Nicola Marsden National Express Group PLC 020 7529 2000 Andrew Dowler/Ben Foster Financial Dynamics 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange

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