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CAPITA ACQUIRES TALIS INFORMATION LIMITED

CAPITA ACQUIRES TALIS INFORMATION LIMITED

The Capita Group Plc (Capita') today announces the acquisition of Talis Information Limited (TIL') for a consideration, on a cash-free, debt-free basis of 18.5 million, plus up to a further 2.5 million depending on TIL's profit performance in the year to 31 March 2012. The acquisition will add valuable new expertise and capabilities to Capita's existing products for the academic and public sector.

With a range of around 100 academic and public library clients, TIL is a market leader in its sectors, providing management software and managed services. TIL made an operating profit, on a pro forma basis, of 3.5 million on turnover of 7 million for the year ended 31 March 2010.

Paul Pindar, Chief Executive of Capita said: "The acquisition of Talis Information Limited will enable Capita to offer a wider set of services to the further and higher education markets and to local authorities, where we have a strong client base."

TIL employs 42 staff, all of whom are based in Birmingham.

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