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RNS Number : 9659G

Optare PLC

10 March 2015

Optare plc

("Optare" or the "Company")

CONTRACT WIN

The Company is pleased to announce that Optare has received an order to the value of GBP7.3 million from Stagecoach UK Bus ("Stagecoach"). It is expected that deliveries of new Euro 6 Optare Solos of varying specifications to Stagecoach will be completed by the end of 2015. This order is in addition to 5 fully electric vehicles to be delivered this month.

Enrico Vassallo, CEO, Optare, said, "We are delighted to be supplying more Optare vehicles to Stagecoach. In line with the Stagecoach greener, smarter, travel strategy these Solos will be the first Euro 6 vehicles Optare have supplied to Stagecoach."

For further information, please contact:

   Optare plc:                         Tel: +44 (0) 8434 873 200 

Enrico Vassallo, CEO

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

Stephen Keys/Mark Connelly/Callum Davidson

This information is provided by RNS

The company news service from the London Stock Exchange

END

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