Rail Franchise

Stagecoach Group plc

23 May 2014

Thameslink, Southern and Great Northern (TSGN) rail franchise

Stagecoach Group plc ("Stagecoach") notes the announcement by the Department for Transport ("DfT") concerning the operator selected to run the Thameslink, Southern and Great Northern ("TSGN") rail franchise.

A Stagecoach Group spokesman said: "We submitted a strong, deliverable and customer-focused bid for the TSGN franchise and we are disappointed not to have won.

"We believe our proposals provided good value to the taxpayer and included clear plans to deal with the complex changes that will affect the network.

"As a matter of course, we will seek feedback from the DfT on our bid as part of our evaluation of the outcome."

ENDS

For further information, please contact:

Stagecoach Group plc www.stagecoachgroup.com

Investors and analysts

Ross Paterson, Finance Director 01738 442111

Bruce Dingwall, Group Financial Controller 01738 442111

Media

Steven Stewart, Director of Corporate Communications 07764 774680