AGM Statement

National Express Group PLC 24 May 2006 Wednesday 24 May 2006 National Express Group PLC ('the Group') Annual General Meeting Trading Update and appointment of new Chief Executive At the National Express Group ('the Group') Annual General Meeting held this morning, Chairman, David Ross, made the following comments on the company's trading performance and announced the appointment of Richard Bowker as Group Chief Executive with effect from early September. Richard will succeed Phil White, whose planned retirement from the Group was announced at the company's preliminary results presentation in March. Commenting on current trading, David said; 'I am pleased to report that current trading across the Group is in line with our expectations. Alsa is trading well and its integration into the Group is on schedule. Our train companies continue to take the lead in the latest rail punctuality league tables and we are focused on bidding for those train franchises where we are the incumbent operator. Our North American operations experienced a very good bid season and our UK bus and coach operations continued to perform well. Looking forward, we continue to monitor the cost of fuel and will mitigate its effect where practicable. The Board remains confident of the Group's future prospects.' Commenting on Richard Bowker's appointment, David said; 'At the announcement of the preliminary results in March, we announced that Phil White would be retiring from the Board at the end of the year. Today we are delighted to announce the appointment of Richard Bowker as Chief Executive of the Group. He is an outstanding individual with a great track record of leadership and achievement in both public and private sectors. I believe he is well placed to take the Group forward to the next stage of its growth. I look forward to working with Richard. I would like to take this opportunity to thank Phil on behalf of the Board for his commitment and contribution to the Group over the past ten years.' - ENDS - Notes to Editors: Richard, aged 40, is a qualified chartered management accountant, starting his business career at London Underground where he specialised in innovative procurement techniques, commercial development and private finance initiative and public private partnerships and structures. Between December 2001 and September 2004, he was Chair and Chief Executive of the Strategic Rail Authority where he led the UK rail industry through the successful delivery of the multi billion pound West Coast Main Line Route Modernisation and the establishment of stability and clarity in the public private partnership with the train operators. Richard was formerly commercial director of Virgin Group and co-chairman of Virgin Rail. In August 2005 he was appointed Chief Executive of the Partnerships for Schools ('PfS'), a government body responsible for delivering the Building Schools for the Future investment programme. For further information, please contact: Nicola Marsden/Georgina Parkes National Express Group PLC 020 7529 2000 Andrew Dowler/Ben Foster Financial Dynamics 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange

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