PFI project

RM PLC 26 March 2004 26th March 2004 RM sole bidder for Lambeth LEA educational PFI project RM plc, the UK's leading supplier of ICT and other services to education, has been informed by Lambeth Local Education Authority (LEA) that it is now the sole bidder for the Lambeth LEA Connected Learning Project. The Group announced at the time of its Preliminary Results in November 2003 that it had been shortlisted for the £18 million PFI project. - Ends - For further information, please contact: Mike Greig/Phil Hemmings, RM plc 08709 200200 Fiona Laffan/Mark Antelme, Brunswick 020 7404 5959 Note to Editors 1. RM will now work with Lambeth LEA to refine the solution design and to negotiate acceptable commercial terms and conditions. If negotiations conclude successfully, the project is likely to progress through preferred bidder stage to contract award by the end of 2004. This information is provided by RNS The company news service from the London Stock Exchange

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