Capita signs contract with Staffordshire County Council

CAPITA PLC - Capita signs contract with Staffordshire County Council

PR Newswire

London, December 20

20 December 2012

Capita plc (`Capita') can confirm that it has now signed a contract to createan educational support services joint venture (`JV') with Staffordshire CountyCouncil. The JV, in which Capita holds a majority stake, will initially delivera range of educational support services for schools and academies in theStaffordshire region. These services are expected to generate revenues ofapproximately £85m per annum over 20 years.

The JV will additionally focus on achieving significant growth through securingnew local authority, school, academy and further and higher education clientsacross the UK. With the UK schools education support services market currentlyestimated to be worth around £16bn per year, the JV is targeting total revenueof at least £2bn over the first 10 years.

To support the delivery of these key services, around 3,800 Council employeeswill TUPE transfer to the JV from 1 April 2013.

Capita previously announced that it had been selected as preferred bidder byStaffordshire County Council on 27 November 2012.

Paul Pindar, Chief Executive Officer

Shona Nichols, Corporate Communications Director

Tel: 020 7654 2152 or 020 7654 2399 (out of hours)

Email: [email protected]

Notes to editors

Capita plc is the UK's leading provider of business process management (BPM)and integrated professional support service solutions. With 46,500 people atmore than 350 sites, including 68 business centres across the UK, Europe andIndia, the Group uses its expertise, infrastructure and scale benefits totransform its clients' services, driving down costs and adding value. Capita isquoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with 2011 turnover of £2.9 billion and profit before tax of £385 million.Further information on Capita plc can be found at: www.capita.co.uk.