EPT Disclosure NATIONAL EXPRESS GROUP PLC

Form 38.5(B)

                               DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
                          WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS
                               BUT NOT DEALING IN A CLIENT-SERVING CAPACITY
                                    (Rule 38.5(b) of the Takeover Code)


1.      KEY INFORMATION

Name of exempt principal trader      Barclay Capital
Company dealt in                     NATIONAL EXPRESS GROUP PLC
Class of relevant security           5p Ordinary Shares
to which the dealings being
disclosed relate (Note 1)
Date of dealing                      23 September 2009


2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 2)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant         408,516     0.27%         53,478    0.03%
securities
(2) Derivatives                  0.00%        247,198    0.16%
(other than
options)
(3) Options and                  0.00%                   0.00%
agreements to
purchase/sell
Total                408,516     0.27%        300,676    0.20%



(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


(c)     Rights to subscribe (Note 2)

Class of relevant security:
        Details


3.   DEALINGS (Note 3)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      6,244                4.75396
Purchase      873                  4.7535
Purchase      2,044                4.751712
Purchase      2,971                4.751286
Sale          1,130                4.754283
Sale          6,251                4.760043


(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          1130          4.7542
CFD            Long          6251          4.76
CFD            Short         2971          4.7512
CFD            Short         2044          4.7517

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 3)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)



4.   OTHER INFORMATION



Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 8)                 NO


Date of disclosure                         24 September 2009
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected       A consortium comprising funds
                                           advised by CVC Capital Partners
                                           and interests of the Cosmen family.
If a connected EFM, state nature of
connection (Note 9)                        Advisor


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk