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Press Release

STAGECOACH GROUP SUBMITS BID FOR SOUTH WESTERN RAIL FRANCHISE

30 June 2006

Stagecoach Group today (30 June 2006) submitted its bid for the new South Western rail franchise with a commitment to customers and the Government to deliver high quality, innovative and value-for-money services.

The Group is the current operator of both the South West Trains and Island Line franchises, which have been brought together to form the new South Western franchise.

Stagecoach’s bid for the new franchise has been developed following extensive consultation with more than 100 local, regional and national stakeholder groups.

Ian Dobbs, Chief Executive of Stagecoach Group’s Rail Division, said: “Over the past 10 years, we have delivered record investment in new trains, consistently high operational performance, increasing levels of customer satisfaction, as well as innovation with new ideas such as our budget train service megatrain.com.

“The South Western franchise is Britain’s most important railway economically and we have developed bold plans that will unlock the full potential of the network, manage passenger growth efficiently, and continuously improve performance.

“Stagecoach is excited by the huge opportunity provided by the new 10-year franchise to further improve services for existing customers and attract new passengers to rail travel.

“Our plans are forward-looking, innovative and represent outstanding value for money. Most importantly, they can be delivered.

“We firmly believe we can build on our success to make rail travel in the region even better and we look forward to discussing our plans in detail with the Department for Transport”



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Stagecoach Group

Stagecoach Group

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