TIDMOPE

RNS Number : 8714C

Optare PLC

14 March 2011

Optare plc

(the "Company" or "Optare")

Contract Win and Directorate change

Optare is pleased to announce that it has won a contract valued at over GBP2.2m to supply 20 Versa's to Go Ahead North East this year for its high profile Quaylink services that connects major bus, Metro and rail stations with attractions on both banks of the River Tyne.

In addition Glenn Saint, Chief Operating Officer will be extending his responsibilities to include relocation of the Leeds factory and deputising for the CEO. As a result Glenn will step down as a Board member of Optare plc however will continue as a director of the group's operating companies.

Jim Sumner CEO, commented, "We are delighted to have secured this repeat business on what is an extremely high profile operation. In addition Glenn's expanded role will be extremely important to the business during a period of significant growth while relocating to a new factory."

For further information please contact:

Optare plc Tel: 0845 838 9901

Jim Sumner - Chief Executive

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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