SAIC Option Exercised

Ricardo PLC
30 January 2007


                                  Ricardo Plc

                             SAIC OPTION EXERCISED

30 January 2007

Following a highly successful twenty month period of development by Ricardo 2010
Consultants Ltd (a Ricardo subsidiary set up solely for this purpose) of new
products for SAIC Motor Company and of a world-class engineering organisation,
SAIC has today exercised its option to take ownership of this venture as planned
at a nominal sum of £1. The transfer of ownership of Ricardo 2010 Consultants
Ltd will have no commercial impact for Ricardo plc in the financial year ending
June 30, 2007.


Further enquiries:

Ricardo plc
Dave Shemmans, Chief Executive                    Tel: [phone]
Paula Bell, Finance Director
Website: www.ricardo.com


Gavin Anderson & Company
Fergus Wylie/Daniel Hunter                        Tel: [phone]




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