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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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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.


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Capita Group PLC (CPI)

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Thursday 20 June, 2002

Capita Group PLC


Capita Group PLC
20 June 2002

20 June 2002

                              THE CAPITA GROUP PLC

  Capita further extends HR Service offering to include staff absence and cost
                              management services

            £18.6 million acquisition of Wynchgate Group Businesses

The Capita Group Plc ('Capita') has further expanded its HR Service offering by
acquiring three businesses from the Wynchgate Group ('Wynchgate').  The
businesses specialise in providing absence and related cost management services
for essential staff, primarily across the education sector and increasingly the
health sector.

Capita has acquired three of four businesses comprising the Wynchgate Group for
an initial consideration of £18.6 million.  The purchase consideration is to be
satisfied by the payment of £10.3 million cash, the issue of 1,315,101 new
ordinary shares in Capita ('the consideration shares') and £4.0 million of loan
notes.  An additional deferred maximum payment of £8.0 million dependent on
future performance is payable in March 2005.  The businesses achieved a proforma
profit of £1.4 million on turnover of £17.1 million in the year to 31st December
2001 and have experienced strong growth in the current year.  The businesses
transfer with assets of £0.1 million and this acquisition will be earnings
enhancing in the current year.

The core business trades under the name BEST and is the UK's leading provider of
staff absence and associated cost management services to the state education
sector, typically through three year contracts.  BEST's client base includes 42
LEAs and over 2,000 schools and a growing number of not-for-profit health
organisations.  BEST utilises an innovative IT solution which assists with
monitoring and managing staff absenteeism across essential services, in order to
increase attendance and to reduce overall costs of absenteeism.  The monthly
absence data submitted to BEST is encrypted and provides a valuable information
data bank that allows meaningful analysis of insurance claims against risk data.
Using this data, BEST acts as an informed intermediary between employers and
insurance companies to manage down associated costs of absenteeism.

Rod Aldridge, Executive Chairman of the Capita Group Plc, said:

'The acquisition of BEST naturally complements our broad HR service offering and
adds further value to the support services solutions we offer to the education
and health markets.

There is considerable scope for us to grow the BEST business by introducing
their services to Capita's wider education client base of 156 LEAs and 23,000
schools and by assisting BEST to enter new market segments across the wider
public and private sectors, where staff cover must be maintained to run
essential services within limited budgets.'

The consideration shares will be issued and credited as fully paid and will rank
pari passu in all respects with Capita's existing ordinary shares.  Application
has been made to the UK Listing Authority and the London Stock Exchange for
these shares to be admitted to the Official List and dealings are expected to
commence on 26th June 2002.

                                    - Ends -

For further information:

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

Capita Press Office                                           020 7544 3141

Issued by Finsbury Group                                      020 7251 3801
Morgan Bone
Mark Harris

Notes to editors:

The Capita Group Plc is a leading provider of integrated professional support
services solutions.  The Group's service capabilities encompass customer
services, insurance services, human resource services, software services,
systems and strategic support and property services delivered to both public
sector and private organisations.  With 16,000 people at over 160 UK sites,
Capita is quoted on the London Stock Exchange and is a FTSE 100 company with
estimated revenues for 2002 of £895 million.  In November 2001 Capita was
awarded the Management Today Most Admired Business Services Company Award.

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

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