Rail Training Audit Services

ATA Group PLC 06 January 2006 Rail Training Audit Services Limited ('RTAS') As mentioned in the Chairman's statements in both the 2004 Report and Accounts and in the 2005 interim statement, the Network Rail contract for RTAS to supply certification and audit services to the safety critical Rail Training market terminated on 30th December 2005. RTAS have not been successful in their tender for the new, reduced, contract to supply these services to the Railway Industry and accordingly will cease trading following a transfer of all employees to the new contract holder early in 2006. Whereas this event will remove a previously profitable trading activity from the Group range there are not expected to be any material closure costs or effects on other Group trading subsidiaries. END This information is provided by RNS The company news service from the London Stock Exchange

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RTC Group (RTC)
UK 100

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