SGC.L Regulatory News (SGC)

1 November 2011

Stagecoach Group plc

Trading update

Stagecoach Group plc ("the Group") is today providing an update on trading in advance of a series of meetings with analysts.

Financial performance

The Group has performed well since 30 April 2011, and remains on course to meet its expectations of profitability for the year ending 30 April 2012. 

Like-for-like revenue growth* for the financial year to date in each of the Group's main businesses is provided below.

UK Bus - twenty four weeks ended 16 October 2011 2.2%

UK Rail - twenty four weeks ended 16 October 2011 8.7%

 (excluding tram businesses)

North America - five months ended 30 September 2011 12.0%

 (including Megabus.com)

Virgin Rail Group - twenty four weeks ended 16 October 2011 9.7%

Outlook

Overall current trading remains good and the prospects for the Group remain positive.

Interim results

The Group plans to announce its interim results for the six months ended 31 October 2011 on 7 December 2011.

* Like-for-like revenue growth is derived, on a constant currency basis, by comparing year-to-date revenue with the equivalent prior year period for those businesses and individual operating units that have been part of the Group throughout both periods.

For further information, please contact:

Stagecoach Group plc

www.stagecoachgroup.com

Analysts

Martin Griffiths, Finance Director 01738 442111

Ross Paterson, Director of Finance & Company Secretary 01738 442111

Media

Steven Stewart, Director of Corporate Communications 07764 774680

John Kiely / Will Swan, Smithfield 020 7360 4900

Notes

Stagecoach Group

Stagecoach Group is a leading international public transport group, with extensive bus and rail operations in the UK and North America.

Cautionary Statement

This announcement contains certain forward-looking statements with respect to the financial performance, financial position and businesses of Stagecoach Group plc. These statements and forecasts involve risk, uncertainty and assumptions because they relate to events and depend upon circumstances that will occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements. These forward-looking statements are made only as at the date of this announcement. Except as required by law, Stagecoach Group plc has no obligation to update the forward-looking statements or to correct any inaccuracies therein.