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Capita Group PLC (CPI)

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Tuesday 18 April, 2000

Capita Group PLC

AGM Statement

Capita Group PLC
18 April 2000


The Capita Group Plc ('Capita'), the leading UK professional support
services  company, held its Annual General Meeting in London  today.
At the meeting Rod Aldridge, Executive Chairman of Capita commented:

'Results  for the year ended 31st December 1999 show that the  Group
has  enjoyed  another year of record results; turnover increased  by
38%  to  £327m and net profit before tax increased by 36% to £36.3m.
Earnings  per share grew by 37% to 12.2p.  On 20th March  the  Group
became a FTSE 100 company.  In its eleven years as a public company,
Capita  has grown turnover at a compound annual rate of 48%, profits
at 42% and earnings per share at 29%.

The  Board is delighted by the current level of trading.  At the end
of  the  first  quarter  the  Group is significantly  ahead  of  the
corresponding  period in 1999 and we are greatly encouraged  by  the
level  of  growth  being  achieved by our divisions.   Additionally,
today,  I  am  delighted to announce that Capita has been  appointed
preferred  supplier  for  delivering two new Government  initiatives
worth  in  excess  of  £60m over 5 years.  The  first  is  with  the
Department for Education and Employment, which consolidates Capita's
position  as  market  leader  in  education  support  services   and
demonstrates our intention to play a major role in reshaping the way
in  which education services are delivered.  The second is with  the
Benefits Agency and is an extension of the present relationship that
the  Group  already  has with this agency.  Both contracts  will  be
delivered  by our existing business centres throughout  the  country
and  will  involve the use of our considerable customer call  centre
expertise  and web technology skills.  I expect to be in a  position
to say more about these contracts imminently.

Earlier this month, the Group completed its acquisition of IRG  Plc,
the  UK's  third  largest share registration services  company,  for
£100m.   IRG's client base of 1,200 companies quoted on  the  London
Stock  Exchange is a valuable addition to the Group. To  be  renamed
Capita  IRG, it increases the brand awareness of Capita  across  the
private  sector  which  will help Capita's drive  to  provide  other
outsourcing  services  to  this client base.   This,  alongside  our
investment in myshares-online, which we announced at the  same  time
as the acquisition, also ideally positions the Group to benefit from
the  significant increase in employee share schemes which we believe
will result from current Government policy.

Activity  across  each  of  the Group's markets,  local  government,
central government, education and the private sector is high and the
requirement for our wide range of services and capabilities  remains
considerable. The Group's position in these markets and its existing
infrastructure  of  business  centres  mean  that  Capita  is   well
positioned to benefit from the enormous change that is taking  place
in the way that white collar support services are being provided.

I am very positive about the Group's performance for the year as a
whole.  Furthermore, the high forward visibility of our earnings and
the new opportunities that are emerging for the Group give
considerable confidence that we will continue our growth into the

For further information, please contact:

The Capita Group Plc                       020 7799 1525
Rod Aldridge, Executive Chairman
Shona Nichols, Group Marketing Director

Hogarth Partnership Limited                020 7357 9477
John Olsen / James Longfield