TIDM40CT

RNS Number : 5231T

Transport For London

23 July 2022

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018).

Transport for London ("TfL")

22 July 2022

Long Term Funding Settlement

TfL announced on 13 July 2022 that the current extraordinary funding and financing agreement between TfL and the Department for Transport ("DfT") had been extended to 28 July 2022.

This evening 22 July 2022 DfT provided TfL with a draft proposal for a Long Term Funding Settlement.

The terms of the proposal are subject to agreement and TfL will now review it and provide a further update in due course.

For further information, please contact:

Transport for London

5 Endeavour Square

London

E20 1JN

Email: GroupTreasury@tfl.gov.uk

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