Re Contract

Spice Holdings PLC 17 May 2006 17th May 2006 Spice Holdings plc Contract win The Board of Spice Holdings plc ('Spice' or the 'Company') is pleased to announce that its Facilities Division has been selected to provide property maintenance management services to Kentucky Fried Chicken (Great Britain) Limited ('KFC'). Within the contract, Serviceline will provide a comprehensive facilities management service to almost 300 of KFC's managed stores, with the ability to pass work to its sister company Circle Britannia where the capability exists. The balance of works will be sub-contracted to other suppliers. This framework contract is for three years with total spend managed on behalf of KFC estimated to be £7 million per annum with an estimated turnover value to Spice of £2.5 million per annum. The estimated value to Spice of £2.5 million includes Serviceline's management fee and also the anticipated value of spend referred from Serviceline to Circle Britannia. The contract is similar to Spice's existing comprehensive facilities management services contract with Starbucks and represents another significant organic growth development in the Commercial and Retail sectors. Ends Enquiries: Spice Holdings plc Tel: 0113 384 3838 Simon Rigby, Chief Executive Officer Oliver Lightowlers, Group Finance Director Carl Chambers, Corporate Development Director Financial Dynamics Tel: 020 7831 3113 Sally Lewis Billy Clegg NOTES TO EDITORS Spice Holdings plc Spice is a support services business operating in the utilities and facilities management sector. The Group's operations were founded in 1996 and have their origins in the electricity industry, though the range of activities has since been expanded into the water sector, niche telecommunications services, the public sector and commercial facilities management. Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years. Circle Britannia and Serviceline Circle Britannia is a provider of outsourced facilities services to corporate clients and reinstatement services for major insurers. ServiceLine provides outsourced maintenance helpdesk services delivered either as part of an integrated facilities management service, incorporating Circle Britannia's facilities service operation, or as a stand alone service managing client's existing suppliers. This information is provided by RNS The company news service from the London Stock Exchange END CNTEAPSXFFSKEEE
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