Capita Regulatory News (CPI)

Capita plc - Marks & Spencer contract extension

PR Newswire

London, January 18

Marks & Spencer extends customer contact partnership with Capita by five years

Marks & Spencer has extended its longstanding digital customer contact partnership with Capita by a further five years. The contract renewal and expansion commences April 2018 and is worth approximately £70m over the contract term.

Capita will continue to provide quality customer service support for marksandspencer.com across voice, online and webchat channels from its existing award-winning teams, including those based in Preston Brook in the UK.

As part of the new agreement, Capita will also extend its customer services support to M&S’s international online business in markets like the US, Australia and France.

Jo Moran, Head of Customer Service, Marks & Spencer said: “Over the last 15 years Capita has helped us put the customer at the heart of everything we do. Consolidating customer support to Capita will provide greater synergies between M&S’s UK and international online operations, and offer customers a consistent customer experience wherever they shop M&S.”

Jonathan Lewis, Chief Executive Officer, Capita plc, said: “Marks & Spencer’s extension and expansion of its partnership with us is testament to the strength of our longstanding relationship and our consistent delivery of high quality services rightly associated with this brand. Key to the success of the partnership has been our ability to be fully immersed in the organisation’s brand values ensuring that the customer is always at the heart of service delivery, regardless of the channel of contact.”

ENDS

Note to editors

The IFRS 15 transaction price of the contract is £67m.

For further information:

Capita plc

Tel: 020 7654 2220 and 020 654 2281Andrew Ripper, Head of Investor RelationsFiona O’Nolan, Director, Corporate CommunicationsIRTeam@capita.co.uk

Media enquiries

Capita Press OfficeKirsty SewterTel: 020 7654 2399Kirsty.sewter@capita.co.uk

Capita is a leading UK provider of technology enabled customer and business process services and integrated professional support services. Operating at over 450 sites across the UK, Europe, India and South Africa, Capita uses its expertise, infrastructure and scale benefits to transform its clients' services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L). Further information on Capita can be found at: http://www.capita.com.LEI no. CMIGEWPLHL4M7ZV0IZ88.