Pre-Interim Results Statement

Capita Group PLC 12 July 2002 12 July 2002 THE CAPITA GROUP PLC Pre-Interim Results Statement The Board of Capita has noted the recent speculation regarding accounting policies adopted by companies in the support services sector. On 25th July, Capita will announce its Interim Results for the six months to 30th June 2002. As part of the Interim Results presentation Capita will demonstrate that the company has consistently adopted more conservative accounting policies than those required by the relevant accounting standards. The Board of Capita intends to clarify on 25th July the details of the requirements of the relevant accounting standards for contract costs: standards SSAP9, FRS15 and UITF34, and to demonstrate how Capita consistently exceeds the requirements of these accounting standards. The Board believes that Capita's policies are robust, appropriate and consistently more conservative than those required by the relevant accounting standards and is fully committed to maintaining this cautious and prudent approach in the future. In addition, on 25th July the Board expects to announce Interim Results that will disclose strong growth in revenue, operating profits and earnings per share. Looking ahead to the full year, the Board of Capita is aware of the current forecasts in the market, including broker forecasts of growth in earnings per share, pre goodwill amortisation, of 30% for the year to 31st December 2002. The Board confirms that it has a high degree of confidence that its track record of meeting or exceeding market forecasts will continue. - Ends - For further information: The Capita Group Plc 020 7799 1525 Rod Aldridge, Executive Chairman Paul Pindar, Chief Executive Finsbury 020 7251 3801 Morgan Bone Mark Harris This information is provided by RNS The company news service from the London Stock Exchange

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Capita (CPI)
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