Capita to acquire pensions business of Northgat...

22 July 2011 Capita to acquire pensions business of NorthgateArinso The Capita Group Plc (`Capita') today announces the acquisition of the trade and assets of the pensions administration and software business of NorthgateArinso for a consideration of £27.5 million on a cash-free, debt-free basis. Following the acquisitions of Gissings, Higham Dunnett Shaw and Aspen over recent years, this latest deal will add new expertise and added capacity to Capita's pensions management and administration business, Capita Hartshead. Capita Hartshead is one of the UK's largest administrators of occupational pension schemes providing an individually tailored pension scheme management and administration service. The specialist pensions business of NorthgateArinso provides both third party pensions administration and pensions software for in house pensions departments, to a largely private sector client base, including Aviva, Boots, Michelin and Rentokil. The business made a pro forma operating profit for its financial year to 30 April 2011 of £4.7 million on turnover of £10.1 million. Paul Pindar, chief executive of the Capita Group said: "This acquisition will both complement our existing administration business and will allow clients coming to us from NorthgateArinso access to a wider range of specialist pension services." The acquired business employs around 90 staff, principally in Bristol, Marlow and Stoke. Legal completion will follow a TUPE consultation with employees. -ends- For further information please contact: The Capita Group Plc Tel: 020 7799 1525 Paul Pindar, Chief Executive Shona Nichols, Corporate Communications Director Media enquiries: Caroline Mooney Capita press office Tel: 0207 654 2152 or 0207 654 2399 (out of hours) Notes to editors: Capita Hartshead is the leader in the administration of UK Public Sector pension schemes; and ranks 4th in the administration of UK private sector pension schemes. It provides an individually tailored pension scheme management and administration service, as well as integrated pensions solutions to the SME market, with a range of standard options which include scheme accounting, member communications, benefits payments and payroll, trustee training and company secretarial duties. Capita Hartshead also publishes an Annual Pensions Administration Survey. Further information on Capita Hartshead can be found at: www.capitahartshead.co.uk The Capita Group Plc is the UK's leading provider of BPO and integrated professional support service solutions. With around 45,000 employees at more than 350 sites, including 64 business centres across the UK, Ireland, the Channel Islands and India, the Group uses its expertise, infrastructure and scale benefits to transform its clients' services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with revenues for 2010 of £2,744 million. Further information on The Capita Group Plc can be found at: http://www.capita.co.uk

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