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RNS Number : 5423W

Optare PLC

29 January 2013

Optare plc

("Optare" or the "Company")

Contract Win

Optare is pleased to announce that it has won a contract valued at GBP3.3 million to supply Stagecoach Group plc ("Stagecoach") with a mix of 33 Solo's and Versa's for delivery in 2013.

Chris Wise, Commercial Director, commenting on the order said, "This repeat order results from the good reliability, fuel efficiency, and both driver and passenger acceptance of this and its predecessor model in a variety of demanding operating conditions. The Cummins-Voith driveline is new to Optare and is being fitted at the specific request of Stagecoach. It further demonstrates our ability to meet a wide range of specific customer requirements in terms of vehicle drivelines, whether it's, alternative fuels, hybrid, full electric or conventional diesel".

For further information please contact:

   Optare plc                               Tel: 08434 873 200 

Glenn Saint - Deputy CEO

    Cenkos Securities plc        Tel: +44 (0) 20 7397 8900 

Stephen Keys/Camilla Hume

This information is provided by RNS

The company news service from the London Stock Exchange

END

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