£10.2m Contract With New Customer

13 October 2011

Redstone plc

("Redstone" or "the Company")

£10.2m wide area network

Redstone plc (AIM:RED.L), a leading provider of network based end to end managed services, technology and infrastructure solutions has been selected as the preferred bidder to deliver a Managed Wide Area Network, consisting of an estimated 1,900 sites across the UK and Ireland, to a new customer. This contract is for a period up to 5 years at a value of up to £10.2m. Full rollout is expected to commence in early 2012, upon completion of the pilot programme currently being undertaken.

 Tony Weaver, Chief Executive of Redstone, commented:

"Being selected as this organisation's preferred bidder further proves our ability to deliver mission-critical connectivity to high level organisations across the UK. This will form another long-term contract providing annuity revenue and the potential to offer other services from the Redstone portfolio to this new customer in the future."

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