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Wilderhill New Energy Global Innovation Index | DOWI:NEX | Dow Jones Indices | Index |
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RNS Number:5377T National Express Group PLC 22 December 2003 press release For immediate release on 22 December 2003 National Express Group PLC Greater Anglia Franchise National Express Group PLC ("the Group"), the leading international passenger transport company, welcomes the decision of the Strategic Rail Authority ("SRA") to select the Group as preferred bidder for the Greater Anglia franchise. The franchise which combines the existing Anglia and Great Eastern franchises, and the West Anglia (Liverpool Street) services from the Wagn franchise (including Stansted Express) will commence in April 2004. It will run for seven years with an automatic extension of three years, subject to the achievement of performance and service quality targets set by the SRA. Commenting on the SRA's announcement Phil White, Chief Executive, National Express Group said: "We are delighted at today's decision which will bring benefits for both passengers and investors. We have submitted a strong and robust bid which contains a range of exciting ideas, many of which were suggested by key stakeholders during our consultation meetings. Importantly, we believe that there will be timetable efficiencies that can translate into real benefits for passengers from a single operator out of Liverpool Street station, meeting the SRA's objective of one operator, one terminus. "Our top priority will be to deliver punctuality and reliability improvements as well as raise the general standards of services across the east of England. We welcome the opportunity to play a part in the regeneration of East London through improved public transport and particularly playing a role in transport links for the Olympic bid 2012. "We look forward to working with the SRA to reach agreement on the terms of the franchise, the first franchise under the SRA's new template. We have three months to prepare for the launch of the franchise in April 2004 during which time we look forward to working closely with the SRA, our suppliers, key stakeholders and staff on the integration process." - ENDS - For further information, please contact: Adam Walker, Finance Director (analysts) National Express Group PLC 020 7529 2000 Nicola Marsden/Fiona Noblet (media) National Express Group PLC 020 7529 2000 This information is provided by RNS The company news service from the London Stock Exchange END MSCTTBMTMMATBRJ
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