Trading Statement

HomeServe plc

Trading Update

HomeServe plc, the international home emergency business, today publishes the following trading update for the period 1 April to 17 July 2015. This statement coincides with the company's Annual General Meeting which takes place today.

The Group is trading in line with our expectations and we expect to deliver good growth in 2016. In line with the strategy which we have previously outlined, we continue to invest for customer growth across our International businesses and, as in prior years, the majority of marketing activity will be second half weighted.

The UK business is performing as planned with continued good retention and marketing performance. As anticipated, we had 2.1m customers at the end of June 2015.

In the USA, we continue to build the prospects pipeline and see good customer growth with a stable retention performance. At the end of June 2015 we had 2.1m customers.

In France, retention remains strong and sales activity with our new partner, Lyonnaise des Eaux, is performing as expected. We intend to increase our marketing investment in the remainder of the first half of the year. Our businesses in Spain and Italy are performing in line with our plans.

As previously indicated, subject to shareholder approval at today's AGM, the Company expects to pay a special dividend of 30 pence per existing ordinary share on 24 July 2015. This will be accompanied by a consolidation of the Company's ordinary issued share capital replacing every 14 ordinary shares with 13 new ordinary shares, reducing the number of ordinary shares in issue by approximately 7 per cent.

HomeServe will announce its interim results to 30 September 2015 on 17 November 2015.

Enquiries

HomeServe plc

Richard Harpin, Group Chief Executive

Johnathan Ford, Chief Financial Officer

Linda Hardy, Investor Relations Director Tel: 01922 427 997

Tulchan Group

Martin Robinson Tel: 0207 353 4200

Martin Pengelley