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Friday 20 August 2004
FirstGroup plc
ScotRail franchise signed
FirstGroup today announced that it has signed a franchise agreement with the
Strategic Rail Authority (`SRA') and the Strathclyde Passenger Transport
Executive (`SPTE') to operate the ScotRail franchise. The franchise will
commence on 17 October 2004 and run for a period of seven years with a three
year optional extension by mutual consent.
Commenting, Moir Lockhead, Chief Executive of FirstGroup said:
"This is an important milestone for First and we are very proud to be taking
over the stewardship of Scotland's railways. We will now be focusing on
ensuring a smooth transition in October and the early delivery of enhancements
in rail services for passengers. We have an exciting programme which we will be
announcing over the next few months."
Contacts:
FirstGroup
Martin Helm, PR Adviser 020 7291 0507
David Whitton, Whitton pr 0141 777 9297
Notes for Editors
FirstGroup plc is a UK based international transport company with a turnover of
approximately [pounds sterling]2.5 billion a year, and 62,000 employees throughout the UK and
North America.
* The Group is the UK's largest bus operator running more than one in five of
all local bus services. A fleet of some 9,300 buses carries 2.8 million
passengers a day in more than 40 towns and cities.
* The Group is also one of the UK's largest rail operators with four
passenger franchises - First Great Western, TransPennine Express, First
Great Western Link (operating suburban services from London Paddington) and
First North Western. The Group ...