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Babcock International Group PLC

Capital/Financing Update Feb 17, 2016

4702_rns_2016-02-17_ebe0ec1a-1172-43d6-9da1-2812e1830249.html

Capital/Financing Update

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RNS Number : 3273P

Babcock International Group PLC

17 February 2016

17 February 2016

Babcock International Group PLC (Babcock or the Group)

Babcock selected as contractor for Phoenix II

The UK government's Ministry of Defence (MOD) has today confirmed its decision to award Babcock a six-year contract for the provision and management of its white fleet of vehicles.

The Phoenix II contract, which is subject to an obligatory standstill period of no less than 10 calendar days, replaces Babcock's existing Phoenix I contract which was awarded in 2011. The new contract is expected to come into effect on 29 February 2016.

Ends

Enquiries

Babcock International Group PLC 020 7355 5300
Franco Martinelli

Kate Hill
FTI Consulting 020 3727 1340
Andrew Lorenz
Nick Hasell

This information is provided by RNS

The company news service from the London Stock Exchange

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