09/02/2004

Stagecoach Group plc has sold its 49% shareholding in Trainline Holdings Limited to Virgin Investments Limited for £4 million in cash, which includes the repayment of outstanding loans.

Stagecoach Group will not report a material gain or loss on the disposal.

ENDS

Enquiries to:

Martin Griffiths, Group Finance Director, Stagecoach Group, 01738 642015
Steven Stewart, Corporate Communications, Stagecoach Group, 01738 442111 or 07764 774680
John Kiely, Smithfield Financial, 020 7360 4900