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.

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We store and use information you provide as follows:

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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.

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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.


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Friday 13 February, 2004

Strategic Rail Auth

Three franchise extensions

Strategic Rail Authority
13 February 2004

                                                                                                       13 February 2004
                                         Franchising Programme Continues Apace

The SRA has signed two-year extensions for three rail franchises that will deliver stability until new model franchises
start operating in April 2006.

The Authority has signed a two-year extension with incumbent franchisee National Express Group PLC to operate the
Wessex Trains and the Great Northern part of WAGN passenger franchises, and has signed a two-year extension with
incumbent franchisee GOVIA Ltd to operate the Thameslink passenger franchise.  The current franchises for Wessex
Trains, Great Northern and Thameslink will be extended from 1 April 2004 to 31 March 2006.

•        The Wessex and Great Northern franchise extensions will ensure the continuation of current service levels and
a commitment to work with the Authority to improve performance.

•        The Thameslink franchise extension provides continuity during a period of major works that will facilitate
construction of a 'box' accommodating the future St Pancras Midland Road station.

•        From April 2006, services operated under the Wessex Trains franchise will be combined with Great Western and
Thames Trains services to form part of a new 'Greater Western' franchise.

Notes to Editors

1.      The subsidy payments for the two-year Wessex extension will be circa £71m in 2004/05, an increase of £0.4m
compared to 2003/04 levels and £71.5m in 2005/06, an increase of £0.9m compared to 2003/04 levels.

2.      The subsidy payments for the two-year Great Northern extension will be circa £18.8m in 2004/05, a reduction of
£6.4m compared to 2003/04 levels and £19.4m in 2005/06, a reduction of £5.8m compared to 2003/04 levels.

3.      Thameslink will pay the SRA a premium of circa £41.2m in 2004/05 and £42.0m in 2005/06.  Compared on a
equivalent basis, taking into account regulatory adjustments, this represents an increase over the premium for 2003/04
of £0.2m in 2004/05 and £1.8m in 2005/06.

4.      The Great Northern part of the WAGN franchise will be extended from 1 April 2004 to 31 March 2006.  West Anglia
services will be operated under the new Greater Anglia franchise upon its commencement, planned for 1 April 2004.

5.      The Thameslink 2000 infrastructure project will deliver significantly enhanced capacity through central London.
  The SRA and Network Rail are currently seeking to resolve issues relating to the Transport & Works Act Order
application for this project, to enable it to proceed as quickly as possible.

For further details contact the SRA Press Office on 020 7654 6339 / 6862 / 6234 / 6387

                                        Or visit the website at

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

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