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Potential Disposal of TCS Business

23rd May 2012 07:00

Potential disposal of Serco's Technical Consulting Services business

23 May 2012

Serco Group plc (Serco), the international services company, announces today that it is in discussion with Amec plc regarding the potential disposal of Serco's Technical Consulting Services (TCS) business. TCS provides consulting and project solutions primarily to the UK civil and defence nuclear markets, and has annual revenues of approximately £70m.

There is no certainty that a transaction will proceed. A further announcement will be made in due course.

Ends

For further information please contact Serco:

Stuart Ford, Head of Investor Relations T +44 (0) 208 334 4122

Marcus De Ville, Head of Media Relations T +44 (0) 208 334 4388

About Serco

Serco is a FTSE 100 international service company, which combines commercial know-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, design innovative solutions, integrate systems and - most of all - deliver to the public.

Serco supports governments, agencies and companies who seek a trusted partner with a solid track record of providing assured service excellence. Our people offer operational, management and consulting expertise in the aviation, BPO, defence, education, environmental services, facilities management, health, home affairs, information and communications technology, knowledge services, local government, science and nuclear, transport, welfare to work and the commercial sectors.

More information can be found at www.serco.com

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