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Tellings Golden (TGM)

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Friday 07 January, 2005

Tellings Golden

Proposed Acquisition

Tellings Golden Miller Group PLC
07 January 2005



Tellings Golden Miller Group PLC



Proposed acquisition from National Express Group plc of its Airlinks coach
business at London Heathrow Airport



Tellings Golden Miller Group plc ('TGM' or 'the group') is a bus and coach
operator based in Twickenham, Middlesex with operations in West and South East
London, Surrey, Hampshire, Essex, East Anglia and Newcastle-upon-Tyne.



The Board of TGM is please to announce that it has been selected as preferred
bidder for the Heathrow-based Airlinks coach business. Subject to contract,
completion of the purchase is expected in mid-February.



The Airlinks business at Heathrow currently operates a fleet of 36 vehicles and
employs 90 staff, who will all transfer to TGM under the terms of the purchase.
Airlinks provides transport for aircrew to and from London Heathrow Airport.



Stephen Telling, TGM Chairman & Chief Executive, comments:



'I am delighted that we have been selected as preferred bidder for the
Heathrow-based operations of Airlinks. We have considerable experience in
operating the type of services provided by Airlinks at Heathrow and I believe we
can achieve significant synergies by combining Airlinks with our existing
Twickenham-based coach business.'



7 January 2005




ENQUIRIES:


Tellings Golden Miller Group               Tel: 020 8755 7050
Stephen Telling, Chairman


College Hill                               Tel: 020 7457 2020
Gareth David



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