Interserve Regulatory News (IRV)

News Release

June 23, 2015

INTERSERVE NAMED PREFERRED BIDDER TO BUILD NEW DEFENCE REHABILITATION CENTRE

Interserve, the international support services and construction group, has been selected as preferred bidder to build the new £200 million Defence establishment at the Defence and National Rehabilitation Centre (DNRC) at Stanford Hall, near Loughborough.

The project, for BS Stanford Ltd, involves the construction of a new 37,000 square metre specialist clinical facility together with the alteration and refurbishment of the Grade II* listed Stanford Hall, an Art Deco Theatre and other ancillary listed buildings as well as extensive landscaping work. The new Defence Rehabilitation facility is due to be operational in 2018.

The new clinical rehabilitation centre for the armed forces will improve and advance treatments already provided for injured service-men and -women and will provide immediate access to on-site patient diagnosis and treatment plans, support significant advances in medical research and offer extensive outdoor facilities to benefit the early stages of rehabilitation.

The facility will combine the very latest technology with proven specialist rehabilitation expertise in defence medical services. The size, location and tranquillity of the estate was a key factor in its selection as the location for the DNRC.

Interserve Chief Executive Adrian Ringrose said:

"We are very proud to have been chosen to build this state-of-the-art rehabilitation facility, which will ensure that our injured service-men and -women continue to receive the very best in medical care and that the UK remains at the forefront of advances in rehabilitation medicine."

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For further information please contact:

Rhys Jones, Group PR Manager +44 (0) 118 9602285

Richard Campbell/Michael Kinirons, CNC +44 (0) 203 219 8816

About Interserve

Interserve is one of the world's foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a successful, growing, international business: a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and listed in the FTSE 250 index. We have gross revenues of £3.3 billion and a workforce of circa 80,000 people worldwide.

About the Defence & National Rehabilitation Centre (DNRC)

Detailed planning permission and listed building consent for the Defence facility was granted in 2013 and the Government confirmed its commitment to the project in 2014 by announcing that construction could start on the Defence facility in 2015.

More details and a link to the Government's Ministerial Statement are available on the Stanford Hall website at http://www.stanfordhallredevelopment.org.uk/

This preferred bidder status is specifically for the Defence facility at the DNRC. Outline planning permission for the National facility on the same site was granted in 2013 and a business case for the facility will be developed in 2016, as announced in the Government's Written Ministerial Statement in July 2014.