Rolls-Royce Holdings Rolls-Royce reports to the SFO

 
TIDMRR. 
 
6 December 2012 
 
                        Rolls-Royce reports to the SFO 
 
Rolls-Royce, the global power systems company, has passed information to the 
Serious Fraud Office (SFO) relating to concerns about bribery and corruption 
involving intermediaries in overseas markets. 
 
This follows a request for information from the SFO about allegations of 
malpractice in Indonesia and China. Investigations by Rolls-Royce have 
identified matters of concern in these, and in other overseas markets. 
 
The consequence of these disclosures will be decided by the regulatory 
authorities. It is too early to predict the outcomes, but these could include 
the prosecution of individuals and of the company. We will cooperate fully. 
 
Rolls-Royce has significantly strengthened its compliance procedures in recent 
years, including a new Global Ethics Code and a new Intermediaries Policy. It 
has also expanded the Compliance function. As a further measure, Rolls-Royce 
will appoint an independent senior figure who will lead a review of current 
procedures and report to the Ethics Committee of the Board. 
 
John Rishton, Rolls-Royce Chief Executive, said: 
 
"I want to make it crystal clear that neither I nor the Board will tolerate 
improper business conduct of any sort and will take all necessary action to 
ensure compliance. This is a company with exceptional prospects and I will not 
accept any behaviour that undermines its future success". 
 
Notes to Editors: 
 
 1. Rolls-Royce is a world-leading provider of power systems and services for 
    use on land, at sea and in the air, and has established a strong position 
    in global markets - civil aerospace, defence aerospace, marine and energy. 
 
 2. As a result of this strategy, Rolls-Royce has a broad customer base 
    comprising more than 500 airlines, 4,000 corporate and utility aircraft and 
    helicopter operators, 160 armed forces, more than 4,000 marine customers, 
    including 70 navies, and energy customers in more than 80 countries. 
 
 3. Annual underlying revenues were GBP11.3 billion in 2011, of which more than 
    half came from the provision of services. The firm and announced order book 
    stood at GBP62.2 billion at 31 December 2011, providing visibility of future 
    levels of activity. 
 
 4. Rolls-Royce employs over 40,000 people in offices, manufacturing and 
    service facilities in over 50 countries. Over 11,000 of these employees are 
    engineers. 
 
 5. In 2011, Rolls-Royce invested GBP908 million on research and development, two 
    thirds of which had the objective of further improving the environmental 
    performance of its products, in particular reducing emissions. 
 
 6. Rolls-Royce supports a global network of 28 University Technology Centres, 
    which connect the company's engineers with the forefront of scientific 
    research. 
 
 7. The Group has a strong commitment to apprentice and graduate recruitment 
    and to further developing employee skills. 
 
For further information, please contact: 
 
Media relations:                          Investor relations: 
 
Josh Rosenstock                           Simon Goodson 
Director of External Communications       Director of Investor Relations 
Rolls-Royce plc                           Rolls-Royce plc 
Tel: [phone]                  Tel: [phone] 
[e-mail]           [e-mail] 
 
www.Rolls-Royce.com 
 
 
 
 
 
 
 
END