Re Contract

Pennant International Group PLC 27 March 2006 For immediate release 27 March 2006 PENNANT INTERNATIONAL GROUP PLC: NEW 5 YEAR CONTRACT Pennant awarded £3.8 million Service Provision Contract by MoD Pennant International Group plc, announces that its training systems subsidiary, Pennant Training Systems Ltd., has been awarded a new service provision contract by the Ministry of Defence for five years with an option for a further 2 years. The contract is worth an initial £3.8 million and has provision for additional services throughout the life of the contract which could significantly enhance its overall value. The contract is to provide training equipment support at 4 RAF bases including the Defence College for Aeronautical Engineering ('DCAE') Cosford and the Army and Royal Navy establishments DCAE Arborfield and DCAE Sultan. It will include maintenance engineering, design and software support to both hardware and software based training systems. Chris Snook, Chief Executive, Pennant International group plc, commented: 'The award of such a significant and prestigious contract is great news for Pennant and is a tribute to the skill and dedication of our staff. It further cements the long-established relationship Pennant enjoys with the MoD which I look forward to developing further in the future'. -ends- Enquiries: Chris Snook, Chief Executive, John Waller, Group Finance Director Pennant International Group plc Tel: 01452 714914 Paul Vann/Ken Rees Winningtons Financial Tel: 0117 920 0092 Note: Pennant International Group plc, quoted on the AIM market of the London Stock Exchange, is a provider of integrated logistic support solutions including training software systems and technical documentation and analysis for multinational customers worldwide. Based in Cheltenham, UK, it has operations in the USA, Canada and Australia This information is provided by RNS The company news service from the London Stock Exchange
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