Re Contract

Genus PLC 08 August 2002 Immediate Release 8 August 2002 Genus plc New Contract Genus plc (Genus) announces that its Consulting Division has won a new contract from the DTI worth £3 million in sales over three years to manage a portfolio of projects relating to the nuclear legacy in the Former Soviet Union (FSU). Genus Consulting's subsidiary, P-E International, will lead a consortium managing a programme to encourage non-weapons related employment and to support social development in the former Nuclear Cities of the FSU. Genus Consultants will investigate the commercial potential of technologies developed in Russian research centres and make links with UK companies and academia to develop promising ventures. The team will also provide business and management training and support for local economic development. Richard Wood, Chief Executive, said: 'The award of this contract, although not massive in monetary terms, is strategically important for Genus as it broadens further the geographical reach of the Consulting division and leaves the Company well placed to explore further work with the DTI in this and parallel fields.' Richard Wood, Chief Executive Philip Acton, Finance Director Genus plc Tel: 01270 536501 Charles Ryland Catherine Miles Buchanan Communications Ltd Tel: 020 7466 5000 Notes for Editors: Russia's weapons complex includes 10 Closed Nuclear Cities with 770,000 inhabitants employing approximately 127,000 workers. The Genus team will be working closely with the Russians in the national ministries and the local authorities and will focus initially on two or three cities, for example, Sarov (Arzamas-16 in the Nizhny Novgorod region), Snezhinsk (Chelyabinsk-70, Ural region) and Seversk (Tomsk-7, Siberia). Until recently these cities were only known by their postcode. Over 5 years some 15,000 jobs are to be lost under government restructuring and rationalisation and in the next decade many more will be surplus to defence requirements. Within the Closed Cities are weapons scientists and technicians whose expertise would be extremely valuable to proliferating states. Furthermore, these personnel manage the production, storage and disposal of a massive inventory of sensitive nuclear materials. The deteriorating economic and employment conditions within Closed Nuclear Cities have to be halted and reversed so that alternative non-weapons work is available and morale and loyalty sustained. This information is provided by RNS The company news service from the London Stock Exchange