£5m Infrastructure Contract

Redstone plc

("Redstone" or "the Company")

Further £5m infrastructure contract awarded by leading UK bank

Redstone plc (AIM: RED.L), the leading provider of network based end to end managed services, technology and infrastructure solutions, announces a contract to the value of £5.0M with a leading UK bank. The Company announced a similar contract, in terms of both the project and the value, with the same bank on 16 December 2010.

This new contract will see Redstone install structured cabling and provide an intelligent management system and an environmental monitoring solution within this state of the art data centre facility supporting the bank's ongoing resilience programme.

Redstone Chief Executive, Tony Weaver, commented: "We are delighted to have further extended our relationship with this leading bank through another, substantial contract. This project demonstrates our continuing strength in the financial sector, especially around data centre operations."

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Notes to editors

Redstone plc (www.redstone.co.uk) is a network-based provider of end to end managed services, technology and infrastructure solutions, with over 450 employees and offices throughout the UK.