COMFORTDELGRO CORPORATION LIMITED 
By
9 April 2013 - ComfortDelGro Corporation, through wholly-owned subsidiary Metroline
Limited, will acquire a portion of FirstGroup plc's London bus business and assets for
£57.5 million (approximately S$109.0 million).
The acquisition, which is subject to the necessary regulatory approvals including contractual obligations with Transport for London, will increase ComfortDelGro's fleet size in the London bus market from 1,200 currently to about 1,700.
The business that will be acquired under the transaction comprises 494 buses operating from five West London garages - Alperton, Greenford, Hayes, Uxbridge and Willesden Junction. Following the completion of the transaction, which is currently targeted for mid-
2013, the newly-acquired buses will operate under the Metroline brand.
ComfortDelGro Managing Director/Group Chief Executive Officer, Mr Kua Hong Pak, said: "We are naturally excited about the expansion of our business in London through this acquisition and will continue to work hard at providing a high quality of service to our customers."
The acquisition, which is not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the current financial year, will be funded by internal funds and bank borrowings.
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205 Braddell Road Singapore 579701 www.comfortdelgro.com
Co. Registration No.: 200300002K
Background
ComfortDelGro is one of the world's largest land transport companies with a total fleet size of about 45,800 buses, taxis and rental vehicles. We operate in seven countries - Singapore, Australia, China, the United Kingdom, Ireland, Vietnam and Malaysia. Currently, overseas ventures account for 40.7% of Group revenue.
ComfortDelGro currently operates about 1,200 buses under its wholly-owned subsidiary, Metroline Limited. Based on mileages operated, this translates into a market share of about 12%.
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