16th Jul 2007 07:11
Atkins (WS) PLC16 July 2007 Arbiter's response on Interim Determination for Metronet BCV WS Atkins plc ("Atkins" and "the Group") notes that today the PPP Arbiter hasannounced draft directions on the Interim Infrastructure Service Chargerequested by Metronet Rail BCV Limited. Metronet's response to the Arbiter's statement was: "Metronet Rail BCV Limited, responsible for the renewal of the London Tubes'Bakerloo, Victoria, Central and Waterloo & City lines, today noted the draftdirections from the PPP Arbiter, on its Interim Infrastructure Service Charge. Today's announcement follows Metronet's Reference Application Notice to theArbiter on 29 June 2007, together with its Statement of Case and InitialSubmission, to enable him to conduct an Extraordinary Review of its operations. Metronet Rail BCV will respond more fully to the Arbiter's draft InterimDirections shortly, as soon as it has assessed the full impact on its business." The carrying value of Atkins' investment in Metronet Rail BCV Limited is £Nil,as is its investment in Metronet Rail SSL Limited. Enquiries: Atkins:Sara Lipscombe, Group Communications Director +44 (0)1372 726140 Smithfield:John Antcliffe +44 (0)207 903 0665 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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