Re Contract

5 Apr 2005 14:49

Reliance Security Group PLC05 April 2005 For immediate release Reliance Security Group plc ("Reliance") Contract Award - Cleveland Police Authority PFI The Directors of Reliance are pleased to announce that Reliance Secure TaskManagement Limited ("RSTM"), a wholly-owned operating company, has been awarded,as part of a consortium, a 25 year Private Finance Initiative ("PFI") contractfor Cleveland Police Authority. This follows its appointment as preferred bidderfor the contract, which was announced on 4 October 2004. The project involves the financing, design and construction of two custodycentres, two divisional headquarters and two town centre police stations. RSTMwill provide a comprehensive range of support services, starting towards the endof 2006, including building, utilities and asset management; security servicesand health & safety management; laundry and waste management; groundsmaintenance and pest control; storage and handling of video and audio tapes; thehandling of stray dogs and the provision of a help desk. It is estimated thatthe 25-year support services contract will generate turnover for RSTM of £1.3million in a full year. Ray Masters, Managing Director of RSTM, stated: "We are delighted to havesecured this contract with Cleveland Police Authority. It emphasises ourspecialist expertise and capabilities in the provision of facilities managementand business process outsourcing services to the criminal justice sector. Ourpartnership approach, which is directed at offering change management,innovative business processes and high levels of service, enables our customersto achieve greater streamlining and efficiencies in their non-core supportoperations as well as better use of their material resources and highly trainedpeople." Note:Reliance is an established market leader in the provision of contract security,facilities management and support services and in business process outsourcing.Reliance employs over 12,000 people from a network of offices throughout the UK. Enquiries: Brian KinghamChairman 020 7730 9716 Neil FrenchGroup Finance Director 01895 205002 This information is provided by RNS The company news service from the London Stock Exchange