MRD Meriden Grp

RNS Number:0809L
Meriden Group PLC
15 April 2005


                                Meriden Group Plc

      Home Computer Initiative Agreement ("HCI") with Centrica PLC ("CP")

Following the announcement that was made on 23 March 2005 regarding the HCI
agreement that had been agreed with Specialist Computer Centres Plc ("SCC"), the
directors are pleased to announce that Meriden Holdings Limited ("MHL") the
wholly owned subsidiary of Meriden Group Plc has been chosen to undertake an HCI
scheme for Centrica Plc, a client of SCC.

The HCI division of MHL delivers a consultancy lead service to large
corporations aimed at setting up a tax efficient payroll based deferred computer
purchase agreement under the Government's Home Computer Initiative, and then
dealing with the implementation and supply.

As we previously announced SCC is a large blue chip corporation and in its last
audited accounts its turnover was #521m with profits before taxation of #20m.
The announcement made regarding the agreement marked a major contract win for
the HCI division to act as the lead HCI consultant for SCC, and as its preferred
supplier for the provision of certain IT products and services to its clients as
part of the scheme.

SCC as part of this strategic partnership with MHL, has subsequently provided
access to one of its major clients, being that of CP.

CP is also a large blue chip corporation and in its last audited accounts had a
group turnover from continuing operations of #18.3bn with profits before
taxation of #1,708m. CP has approximately 30,000 employees and the scheme is
likely to be run in quarter four of 2005, if successful, it is anticipated to be
run again in subsequent years, under the terms of the agreement.

Commenting on the agreement between MHL and CP, Russell Stevens, Chief Executive
said "We are pleased to announce this HCI scheme with Centrica Plc and it
represents another major win for the HCI division and anticipate that there will
be many more large contract announcements to follow for the HCI division."

Enquiries:

Russell Stevens, Chief Executive Tel: 07860 562621

Ewan Leggat, Seymour Pierce Tel: 020 7107 8000




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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