Contract Renewal

Redstone plc

("Redstone")

Contract Renewal

Redstone Plc (AIM:RED) the leading provider of network based end to end managed services, technology and infrastructure solutions announces the renewal of a managed services contract for a further 3 years by an existing customer from within the financial sector.

The contract has historically delivered in excess of £5million of revenue per annum and will see Redstone provide managed services and infrastructure technology throughout the UK.

Redstone Chief Executive, Tony Weaver, commented:

"Redstone has worked with this client for many years, and the contract renewal is a testament to Redstone's enviable reputation in the managed services space. As a leading financial services organisation the smooth running of their IT is critical to their business, and we are pleased to continue our long association with this valued client."

Enquiries:

Redstone plc

Tony Weaver, CEO / Peter Hallett, CFO Tel. +44 (0)845 201 0000

 finnCap Tel. +44 (0)20 7220 0500

 Corporate Finance - Marc Young / Charlotte Stranner

 Corporate Broking - Brian Patient / Victoria Bates

 Newgate Threadneedle Tel. +44 (0)20 7653 9850

 Josh Royston / Guy McDougall