Interserve Regulatory News (IRV)

6 February 2019

Requisition of General Meeting

Interserve announces that it has received a letter from Coltrane Master Fund, L.P. ("Coltrane"), a shareholder holding in excess of five per cent of the paid up capital of the Company, requisitioning a General Meeting of the Company's shareholders (the "Requisition Notice").

The Requisition Notice proposes resolutions that Glyn Barker, Mark Whiteling, Russell King, Anne Fahy, Nick Salmon, Gareth Edwards, Dougie Sutherland and Nicholas Pollard be removed as directors of the Company.

Coltrane continues to support Debbie White, CEO, of Interserve and the Requisition Notice does not seek her removal.

The Requisition Notice proposes resolutions that David C.L. Frauman and Stuart Ross be appointed as directors of the Company.

Interserve is consulting with its advisers and will update its shareholders with regard to the timing of the General Meeting to consider the matters set out in the Requisition Notice in due course.

Interserve today announced separately that the key commercial terms of the Deleveraging Plan have been agreed in principle with all of Interserve's lenders, bonding providers and the Pension Trustee.

Further announcements will be made as appropriate.

END

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION RELATING TO INTERSERVE PLC.

For further information please contact:

Jonathan Refoy +44 (0) 7880 315877

Interserve plc

Martin Robinson +44 (0) 207 3534200

Tulchan Communications

About Interserve

Interserve is one of the world's foremost support services and construction companies. Everything we do is shaped by our core values. We are 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 FTSE-listed. We have gross revenues of £3.7 billion and a workforce of circa 74,000 people worldwide.

www.interserve.com

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