Completion of 2010 transfer

Ricardo PLC 10 May 2007 10th May 2007 Ricardo plc Today Ricardo (2010) Consultants Ltd has been sold as planned to SAIC Motor Company for £1 following the exercise of their option as previously announced on 30 January 2007. The transfer of ownership is not expected to have any commercial impact for Ricardo plc in the financial year to 30 June 2007. Further enquiries: Ricardo plc Dave Shemmans, Chief Executive 01273 455611 Paula Bell, Group Finance Director 01273 455611 Website: www.ricardo.com -------------------------- Gavin Anderson & Company Fergus Wylie 020 7554 1400 Daniel Hunter 020 7554 1400 This information is provided by RNS The company news service from the London Stock Exchange

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Ricardo (RCDO)
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