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RNS Number:8710P 2 Travel Group PLC 17 September 2003 17th September 2003 2 TRAVEL GROUP PLC EXPAND BUS SERVICES IN SWANSEA 2 Travel Group Plc, the AIM listed South Wales based bus and coach operator is continuing its expansion programme with the initiation of a further 11 bus registrations/services in East Swansea and Swansea Valley. This follows the Company's recently awarded licence extension which increased its operational capacity to 110 buses. 2 Travel CEO Bev Fowles said: "We have strong operations in the Neath area where we now transport over 1000 passengers a day, and are delighted to expand on our presence in the Swansea district. The new all day bus services, operating on commercial routes and integrated with school services, are expected to increase annual turnover significantly. We expect new opportunities to continue to open up in the area as growth in public transport persists. "We remain committed to our business model of building a company through organic growth but also continue to explore acquisition opportunities in Wales and the South West, to build a company that provides stability and value for shareholders." Issued on behalf of 2 Travel Group Plc by St Brides Media & Finance Ltd, 46 Bedford Row, London WC1R 4LR. Contacts: Bev Fowles 2 Travel Group Plc Tel: 01792 483 040 Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7242 4477 Notes on 2 Travel Group Plc: * Has two main divisions: a bus operation and a private charter coaching operation. * Primary business - the bus operation - is centred predominantly on 3-5 year local authority contracts for school and local commercially run bus services in the Swansea and Cwmbran areas, although it also undertakes other contract work for the DVLA, the Royal Ordnance, supermarkets such as Asda and Tesco and ad hoc work for customers such as National Express. This information is provided by RNS The company news service from the London Stock Exchange END MSCDGGMLFNRGFZM
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