Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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National Express (NEX)

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Tuesday 08 July, 2003

National Express

Trading Statement

National Express Group PLC
08 July 2003

Embargoed for release at 0700 hours on Tuesday 8 July 2003

                         National Express Group PLC
                                 Trading Update

National Express Group today reports on trading for the six month period ended
30 June 2003, prior to entering its close period.  We are pleased with our
performance over the period and confirm that trading for the half year remains
in line with management's expectations.

Progress at our UK bus business remains encouraging and we anticipate that the
opening in the Autumn of the new Bull Ring shopping development in Birmingham
city centre will bring additional bus patronage as our services are fully

The UK trains division experienced an encouraging six months with patronage
growth of 5%.  We remain focused on working in partnership with Network Rail to
improve the performance issues affecting a number of our services.

We are playing an active part in the current UK rail refranchising process. The
two-year extension at Central Trains has now been approved by the Secretary of
State for Transport.  We are also starting negotiations with the SRA regarding
two-year extensions at Silverlink and Great Northern.  We await the outcome of
our bid for the Wales and Borders franchise and will be submitting our bids for
the Greater Anglia and ScotRail franchises in late summer.

In May the Government introduced a concessionary half price fare scheme on coach
travel for disabled customers and those aged over 60. This has been well
received, resulting in the participation of a quarter of a million eligible
applicants.  As we enter the peak season for coach travel, we will be promoting
a new range of 'best value fares' offering single fares from £1 on lower demand
off peak services. These are being piloted on a number of routes including
Bournemouth, Birmingham and Leeds to London prior to national roll-out.

We are pleased with the performance of our North American student transportation
business and continue to focus on addressing the cost pressures within our
public transit division.

The Deed of Company Arrangement for our Australian train and tram franchises has
recently been approved, completing our orderly handover of these businesses.
Progress in our Australian bus operations was satisfactory and in line with our

At Eurostar, talks continue between the three operators (Eurostar UK, SNCF and
SNCB) to rationalise the operations and thereby improve the disappointing
performance of this business. As part of these negotiations we are seeking in
due course to relinquish our involvement in the Eurostar operation.

We remain focused on delivering shareholder value utilising our strong cashflow
to provide the flexibility for a progressive dividend policy, sustained
investment in our core operations and share buy backs when appropriate.

The Group is expecting to announce its results for the first half of the year on
11 September 2003.

                                    - ENDS -

For further information, please contact:

Adam Walker, Finance Director
Nicola Marsden, Director of Group Communications
Fiona Noblet, Group Communications Manager
National Express Group PLC                                         020 7529 2000

Ben Foster/ Steve Jacobs/ Dido Laurimore
Financial Dynamics                                                 020 7831 3113

                      This information is provided by RNS
            The company news service from the London Stock Exchange         SSLFWWSDSEIW