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FirstGroup Plc ScotRail Franchise Signed
Friday 20 August 2004
FirstGroup today announced that it has signed a franchise agreement with the Strategic Rail Authority (‘SRA) and the Strathclyde Passenger Transport Executive (‘SPTE) to operate the ScotRail franchise. The franchise will commence on 17 October 2004 and run for a period of seven years with a three year optional extension by mutual consent.
Commenting, Moir Lockhead, Chief Executive of FirstGroup said:
"This is an important milestone for First and we are very proud to be taking over the stewardship of Scotlands railways. We will now be focusing on ensuring a smooth transition in October and the early delivery of enhancements in rail services for passengers. We have an exciting programme which we will be announcing over the next few months.'
Martin Helm, PR Adviser 020 7291 0507
David Whitton, Whitton pr 0141 777 9297