OPE Optare

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Optare PLC

04 December 2014

Optare plc

("Optare" or the "Company")

Low Carbon Accreditation

The Company announces that its Euro 6 Solo SR and MetroCity diesel-powered buses have gained low carbon accreditation, following certification by Low Carbon Emissions Buses (LCEB). The certification has been awarded following the passing of relevant tests as developed by Transport for London and Millbrook Proving Ground Ltd, [in conjunction with the Low Carbon Vehicle Partnership].

Enrico Vassallo, CEO of Optare, commented:

"The project to achieve this certification began in October 2013. We are extremely pleased to announce the Solo SR and MetroCity are now Low Carbon Emissions Buses. As well as the environmental benefit this development brings, customers will see a return on their investment in the form of reduced ownership costs, such as fuel consumption, within a very short time. For example under the low carbon emissions testing the MetroCity yielded a fuel efficiency improvement of over 15% when compared to the standard Euro 6 diesel MetroCity.

Although low carbon emission buses are also significantly more fuel efficient, in 2013 they only accounted for approximately 2% of the UK bus market. We hope that this new development from Optare can contribute to increase the percentage of low carbon buses on UK roads."

For further information please contact:

   Optare plc                               Tel: 08434 873 200 

Garry Booth

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

Stephen Keys/Mark Connelly

This information is provided by RNS

The company news service from the London Stock Exchange

END

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