Quest Flight re Contracts

Quadrant Group PLC 20 July 2000 QUADRANT GROUP PLC TRADING STATEMENT Quadrant Group plc ('Quadrant') announces that a special purpose joint venture company, Quest Flight Training Limited ('Quest'), of which Quadrant owns 50%, has been awarded a contract by the UK Ministry of Defence for the provision of aircrew simulator training for the RAF's Boeing E-3D Sentry aircraft. Quest has been specifically set up for this programme and is 50/50 joint venture owned by Quadrant and Evans & Sutherland Computer Corporation of Salt Lake City, USA, the world's leading supplier of sophisticated simulation visual systems. The Contract will run for a minimum of 25 years and is expected to generate in excess of £60 million of revenues over the full 30 years. Quest has at the same time placed a £3.2 million contract with Quadrant's subsidiary Quadrant Systems Limited to update the RAF's current E-3D full flight simulator including a new instructor Operating System, a new Navigator Station with a Global Positioning System Integrated Navigation System (GINS) and updates to the Flight and Controls Systems. Quadrant Systems Limited will also provide support to Quest through the life of the programme. Chief Executive of Quadrant, David Coghlan, commented: 'The award of the E-3D contract is a major milestone for Quadrant and we are very pleased to be working with our partners Evans & Sutherland on this prestigious Ministry of Defence programme.' David Coghlan, Chief Executive, Quadrant Group plc- + 44 (0) 1527 850 080 Jeff Sandiford, Chairman, Quadrant Systems Limited- + 44 (0) 1444 246 226