Contract Win

9 September 2010

The Innovation Group plc

('Innovation Group' or the 'Group')

Contract Win

INNOVATION GROUP SECURES NEW OUTSOURCING CONTRACT WITH

ENTERPRISE RENT-A-CAR

The Innovation Group plc (LSE: TIG), a global provider of business process outsourcing and technology solutions to the insurance, fleet and automotive industries, is pleased to announce a five year contract with Enterprise Rent-A-Car ("ERAC"), the world's largest car rental specialist.

The new contract follows the successful completion of a Proof of Concept phase and is expected to generate revenue of approximately £25m for the Group over the five year term. Volumes associated with the contract are expected to ramp by the second quarter of FY 2011 and help to underpin the Board's current expectations for FY 2011.

The contract will see Innovation Group provide a range of outsourced accident management services including accident claims notification as well as the deployment of vehicle hire and repair services.

Welcoming the news, Innovation Group's Chief Executive Officer, Andy Roberts commented:

"This is a milestone win for the Group and I am extremely pleased to announce it today. We have invested significantly in our BPO offering over the past 18 months, enhancing our technology platform and broadening the scope and scale of the services we offer. Enterprise Rent-A-Car's decision to first trial and ultimately select Innovation Group's capabilities is a resounding endorsement of our BPO strategy and we look forward to working with them on this exciting, high-volume roll-out."

Mike Nigro, Managing Director of Enterprise Rent-A-Car, UK and Ireland commented:

"We chose the Innovation Group as our outsourcing partner as a direct result of its reputation and experience for delivering first class services that mirror our own commitment to customer satisfaction. Their technology enabled accident management services, efficient notification of loss, liability determination and deployment of hire and repair services are a critical part of our offering to the insurance market. This relationship helps us maintain a key advantage in a very competitive market whilst contributing to shorter repair cycles and lower costs for insurers and policy holder".

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About Innovation Group:

The Innovation Group plc (LSE: TIG.L) is a global provider of business process outsourcing and technology solutions to the insurance, fleet and automotive industries. Innovation Group provides contact centres, repair networks, process management, supply chain and technology operations and decision support analytics to support accident management, repair and estimation and claims management services. Innovation Group has over 800 global clients including AXA, RSA, American Modern Insurance Group, LeasePlan, The Ford Motor Company, Aviva, Toyota and Zurich. The Group processes more than 4 million claims per year with 20 per cent direct claims cost saving achieved. Innovation's 2,300 people are located in the United Kingdom, Australia, Belgium, Canada, France, Germany, Japan, India, Pakistan, South Africa, Spain and United States. www.innovation-group.com