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Re Agreement

15th Sep 2005 07:00

Spice Holdings PLC15 September 2005 AGREEMENT WITH BAA PLC Spice Holdings plc ("Spice") is pleased to announce that its subsidiary company,AirRadio Limited, has entered into a Letter of Agreement with BAA in respect ofthe seven airports that BAA owns and operates in the United Kingdom. AirRadioprovides mobile voice and data communications for mission critical environmentsto airlines, airports and ground operation companies both in the United Kingdomand overseas. The Letter of Agreement provides for a new closer working relationship betweenAirRadio and BAA at Heathrow, Gatwick, Stansted, Southampton, Edinburgh,Aberdeen and Glasgow airports. The key points of the Letter of Agreement arethat BAA will: * Actively promote AirRadio's on site services to the airports' tenants * Take a collaborative approach with AirRadio on airport related radio regulatory issues * Seek to work with AirRadio to share infrastructure to reduce costs * Work with AirRadio to facilitate the development of new on-site services. Simon Rigby, Chief Executive Officer of Spice Holdings, said: "We are delightedto be signing this Letter of Agreement with BAA. AirRadio has worked with BAAfor a number of years and this agreement reflects the growing recognition of thecompany as a leader in mobile communications for the aviation industry. Webelieve that working closely with BAA will enable us to increase both our rangeof services and the number of customers at its seven major airports and assureBAA that all the tenants and operators at its airports will receive an excellentcommunications service." For further information, please contact: Spice Holdings plc Tel: 0113 384 3838Simon Rigby, Chief Executive Officer Rawlings Financial PR Limited Tel: 01756 770 376Catriona Valentine NOTES TO EDITORS Spice Holdings plc Spice is a support services business operating in the utilities and facilitiesmanagement sector. The Group's operations were founded in 1996 and have theirorigins in the electricity industry, though the range of activities has sincebeen expanded into the water sector, niche telecommunications services ,thepublic sector and commercial facilities management. Spice's businesses have acommon theme of delivering and coordinating infrastructure services tocustomers, and the technological element within the product mix has been builtup significantly over the course of the last three years. Air Radio Limited Air Radio, part of the Telecoms Services Group of Spice, provides mobile voiceand data communications for mission critical environments to airlines, airportsand ground operation companies both in the United Kingdom and overseas. Formerlythe Speedwing Communications business of British Airways, it was acquired bySpice Holdings from British Airways in August 2003. BAA BAA is the world's leading airport company. Its seven UK airports - Heathrow,Gatwick, Stansted, Southampton, Edinburgh, Glasgow and Aberdeen serve over141million passengers a year, more than two thirds of the UK's air passengertraffic. This information is provided by RNS The company news service from the London Stock Exchange

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