Section 430 (2B) Companies Act Statement

SECTION 430 (2B) COMPANIES ACT STATEMENT - BRUCE MELIZAN

As announced earlier today, Bruce Melizan stepped down from the Board on 30 November 2017, and will leave the Company on 31 January 2018 following his role being made redundant in connection a restructuring of the senior roles and responsibilities within the Company's 'Fit for Growth' programme.

In line with Interserve's remuneration policy, the following payments will be made in connection with his termination of employment.

Payments and benefits

For the period until Bruce's role is made redundant on 31 January 2018 he will undertake handover duties and the transfer of key client relationships and will continue to receive his salary, pension, a company car allowance and other contractual benefits during this time. Following his departure, Bruce will receive a payment of £357,213 in lieu of notice of one years' base salary in accordance with his service agreement together with a statutory redundancy payment of £9,046.50.

A contribution of £7,500 will be made towards legal fees incurred by Bruce in connection with his departure. The Company will also contribute up to £20,000 towards outplacement support.

Annual Bonus payment

Bruce is a participant in the Annual Variable Pay Scheme for the financial year ending 31 December 2017. The amount of any payment will be subject to the satisfaction of the relevant performance conditions, as set-out on page 63 of the Directors' Remuneration Report and will be determined by the Remuneration Committee in March 2018.

Share awards

Awards granted under the 2015 Performance Share Plan will, after application of the performance conditions, will be reduced pro rata to 31 January 2018. The two-year holding period, clawback and recovery and withholding provisions contained within the relevant awards will apply to any vested shares. Any dividend equivalents will be satisfied in cash following the vesting date in accordance with the rules of the Plan

Bruce's awards under the all-employee Sharesave Plan and Share Incentive Plan will be treated in accordance with the rules of the respective plans.

The relevant remuneration information relating to Bruce Melizan will be included in the Directors' Remuneration Report in the Annual Accounts for the year ending 31 December 2017.

In accordance with section 430(2B) of the Companies Act 2006, the information contained in this document will be made available on the Company's website until the Company's next Directors' Remuneration Report is made available.

Ends

For further information please contact:

Robin O'Kelly, Director of Communications +44 (0) 7786 792526

Richard Campbell/Michael Kinirons +44 (0) 203 219 8816

CNC Communications

For news follow @interservenews

Legal identifier number: 549300MVYY4EZCRFHZ09

About Interserve

Interserve is one of the world's foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and listed in the FTSE. We have gross revenues of £3.7 billion and a workforce of circa 80,000 people worldwide.

www.interserve.com

For news follow @interservenews