New Credit Ratings

GO-AHEAD GROUP PLC

New credit ratings

The Go-Ahead Group plc is pleased to announce that Moody's and Standard & Poor's have today published new long-term investment-grade credit ratings for debt issued by the Group of Baa3 (stable outlook) and BBB- (stable outlook) respectively.

Go-Ahead's Group Finance Director, Nick Swift, commented: "The ratings confirm the strength of the Group's balance sheet and cash flow, and will assist us in considering debt capital market alternatives to diversify our sources of finance".

For further information, please contact:

The Go-Ahead Group

Notes to editors

Go-Ahead Go-Ahead is a leading UK public transport operator, providing high quality services in the bus and rail sectors. Employing around 25,000 people across the country, almost one billion passenger journeys are undertaken on our services each year. We are committed to operating our companies in a socially and environmentally responsible way and are proud to have been awarded the Carbon Trust Standard after taking action on climate change. In addition to the travelling public, our customers include the Department for Transport, Transport for London (TfL) and local authorities.

Bus Go-Ahead is one of the UK's largest bus operators. With a fleet of over 3,500 buses, we carry, on average, around 1.6 million passengers every day. Our operations are focused on high density commuter markets. We have a strong presence in London, with around 21% market share, where we provide regulated services for TfL. We operate deregulated services in the North East, Oxford, the South East and Southern England. We recently expanded our bus operations with the acquisition of Plymouth CityBus in the UK, and have established a Yellow School Bus joint venture in North America.

Rail The rail operation, Govia, is 65% owned by Go-Ahead and 35% by Keolis. It is the busiest rail operation in the UK, responsible for nearly 30% of all UK passenger rail journeys through its three rail franchises: Southern (which includes the Gatwick Express), Southeastern and London Midland. In December 2009, Southeastern began operating the UK's first high speed domestic rail service between Kent and London, significantly reducing current journey times.

For further information about our rail franchises please visit our factsheets:

http://www.go-ahead.com/goahead/aboutus/our_markets/uk_rail_market/

Aviation Services The Group also provides car parking services through Meteor, which includes the 'Meet & Greet' and 'Pink Elephant' brands and operates limited ground handling services at Terminal 1, Heathrow.

For further information visit www.go-ahead.com