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2016-05-09

G4S plc UK DK : Statement re Pre-Conference Update

9 May 2016

G4S to present at the JP Morgan European Business Services conference

G4S plc announces that, on 11 May 2016, Group CEO Ashley Almanza will present
at the JP Morgan Cazenove European Business Services conference. In advance
of the conference G4S provides the following update for the three months
ended 31 March 2016. All figures and commentary are unaudited and stated at
constant exchange rates.

Commenting on first quarter trading, Ashley Almanza said: "Against a backdrop
of macro-economic uncertainty, the Group had a positive start to the year. We
continued to implement our strategy to transform the Group's focus and
performance and this is reflected in our revenue growth and improving profit
and cash generation."

Over the past two years, we have made substantial investments in our
Continuing Businesses and these investments continued to produce tangible
benefits in the first quarter this year. Strengthening the Group's strategic,
commercial and operational focus remains essential to the transformation of
G4S and we have a well-established portfolio programme through which we have
exited 24 businesses and realised aggregate proceeds of £283 million. We are
making good progress with the portfolio programme and are in the process of
selling or closing a further 42 businesses, which are referred to
collectively as Portfolio Businesses. We are also managing a number of
Onerous Contracts to an effective conclusion; virtually all relating to long
standing, loss making UK public service contracts.

Continuing Businesses had revenues of £1,506 million (Q1 2015: £1,441
million), 4.5% higher than the first quarter 2015. Revenues from Onerous
Contracts were £55 million (Q1 2015: £46 million) and Portfolio Businesses
had revenues of £186 million (Q1 2015: £218 million).

Since the start of the year the Group has won new contracts with annual
revenues of £450 million and total contract value of £950 million.

PBITA increased by 6.5% excluding restructuring charges of £1 million (Q1
2015: £1 million) and £1 million profit (Q1 2015: £4m) from Portfolio
Businesses which are being sold or closed.

There were no new onerous contract charges or impairments in the quarter and
onerous contract costs were within the Group's provisions for losses on these
contracts.

Operating cash flow for the three months was an inflow of £86 million compared
with £5 million in 2015, of which £24 million related to the reversal in
working capital from the fourth quarter 2015.

Slides from the conference presentation will be uploaded onto the G4S website
on 11 May.

For investor queries, please contact:

Helen Parris Director of Investor Relations +44 (0) 20 8722 2125

For media enquiries, please contact:

Nigel Fairbrass Director of Media +44 (0) 7799894265
Matthew Magee Media Relations Manager +44 (0) 7841982838

Notes to Editors:

G4S is the leading global integrated security company specialising in the
provision of security products, services and solutions.

The Group is active in around 100 countries, and is the largest employer
quoted on the London Stock Exchange with over 610,000 employees and has a
secondary stock exchange listing in Copenhagen.

The Group intends to continue to report on continuing businesses, onerous
contracts and portfolio businesses. Analysis of FY 2015 results is available
on the g4s.com website.

Half year results

Results for the six months to 30 June 2016 will be published on 10 August
2016.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: G4S plc UK DK via Globenewswire

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