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Optare PLC

21 March 2011

Optare plc

(the "Company" or "Optare")

Contract Win

Optare is pleased to announce that its contract with Greater Manchester PTE has been extended to include a further 22 hybrid buses valued at GBP4.3 million, including Green Bus Fund support. This requirement is in addition to the 66 Hybrids ordered in May 2010 of which 20 are now in service. The buses will be delivered during Q4 this year and early Q1 2012.

Jim Sumner CEO, commented, "We are absolutely delighted to have secured this repeat business on the UK's leading operation for Hybrid Buses. This takes the Order book to a record GBP55m and underpins the need to increase production capacity later this year."

For further information please contact:

Optare plc Tel: 0845 838 9901

Jim Sumner - Chief Executive

Cenkos Securities plc Tel: +44 (0) 20 7397 8900

Stephen Keys/Camilla Hume

This information is provided by RNS

The company news service from the London Stock Exchange

END

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