New transport management contract in Hong Kong

Serco awarded new transport management contract in Hong Kong 7 June 2013 Serco Group plc (Serco), the international service company, today announcesthat it has been awarded by the Hong Kong Transport Department a newManagement, Operation and Maintenance contract for the Tsing Sha Control Area.The contract, which is expected to commence in September, has a six-year baseperiod with a total estimated value to Serco of HK$960m (approximately £80m). Hong Kong's roads are amongst the most heavily utilised in the world. With itsdense development and difficult terrain, a key challenge to meeting growingtraffic demands is to provide additional road capacity by enhancing theperformance of existing transport systems. Serco has been supporting the Transport Department since 1993. As part of thisSerco understands the complexities and integrity of road user charging, tolland fare collection; Serco collects over HK$11bn a year from people driving onroads and travelling on rail and public transport networks. Serco is thelargest tunnel operator in Hong Kong, employing over 900 staff, with ouroperations including the Cross Harbour Tunnel, the key arterial link to HongKong Island. Serco provides other leading transport information and integratedtransport management systems in Hong Kong. Under the new contract, Serco will provide management and operation of theTsing Sha Control Area including collection of tolls, traffic control andregulation, vehicle recovery and rescue, patrols and handling of incidents.Serco will also be responsible for scheduled works including regular inspectionand routine maintenance of bridges, buildings, tunnels, equipment, trafficsignals and IT systems. Amongst the many structures Serco will be responsiblefor is Stonecutters Bridge, one of Hong Kong's key landmarks, particularly theview from the central business district of the 1.6 kilometre span acrossRambler Channel. Serco will be working in partnership with a number of specialist providers,including a joint venture partner Lam Construction. As a Public Works ApprovedContractor, Lam Construction brings significant road infrastructure expertiseto the joint venture. Christopher Hyman, Chief Executive of Serco Group plc, said: "We are delightedto be expanding our longstanding relationship with Hong Kong's TransportDepartment. We will be supporting them in their commitment to provide theworld's best transport system which is safe, reliable, efficient andenvironmentally friendly. This announcement builds upon our recent significantcontract win with the Virginia Department of Transportation in the US, andstrengthens our global transport capabilities in preparation for further growthdriven by expanding middle classes and mass urbanisation. We anticipate furthermanagement, operation and maintenance opportunities in Asia, together withother exciting transport opportunities in Australia, India and the Middle East,all of which will leverage Serco's international skills and capabilities inthis important market." Ends For further information please contact Serco: Stuart Ford, Head of Investor Relations T +44 (0) 1256 386 227 Marcus De Ville, Head of Media Relations T +44 (0) 1256 386 226 About Serco Serco is a FTSE 100 international service company, which combines commercialknow-how with a deep public service ethos. Around the world, we improve essential services by managing people, processes,technology and assets more effectively. We advise policy makers, designinnovative solutions, integrate systems and - most of all - deliver to thepublic. Serco supports governments, agencies and companies who seek a trusted partnerwith a solid track record of providing assured service excellence. Our peopleoffer operational, management and consulting expertise in the aviation, BPO,defence, education, environmental services, facilities management, health, homeaffairs, information and communications technology, knowledge services, localgovernment, science and nuclear, transport, welfare to work and the commercialsectors.

More information can be found at www.serco.com