3rd Mar 2008 08:00
Go-Ahead Group PLC03 March 2008 3 March 2008 The Go-Ahead Group plc ("Go-Ahead" or the "Group") Disposal of Go West Midlands Further to the review of the West Midlands bus operations referred to in theGroup's interim results announced on 15 February 2008, Go-Ahead announces thatit has today completed the unconditional sale of 100% of the share capital ofthe company to Rotala plc ("Rotala"). The gross asset value of the business wasapproximately £1 million and the net book value was approximately nil. Rotalaoperates the long established North Birmingham Busways and Central Connectservices in the Birmingham Area, as well as other businesses in the region. - Ends - For further information, please contact: The Go-Ahead Group plc 020 8929 8650 Keith Ludeman, Group Chief ExecutiveNick Swift, Group Finance Director Weber Shandwick Financial 020 7067 0700 Richard Hews / Rachel Martin / Hannah Marwood Note to Editors Go-Ahead Group plc is one of the UK's leading providers of passenger transportmanagement services operating in the bus, rail and aviation sectors. Employingapproximately 27,000 staff across the country, we provide services to over 900million passengers each year. In addition to the travelling public, customersinclude Transport for London (TfL), BAA, major airlines, local authorities andthe Department for Transport (DfT). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
GOG.LROL.L