Date - 01 December 2006

Radio Taxis Group recognised with prestigious CSR award.

World’s first CarbonNeutral® transport provider wins at CIMA Financial Management Awards

Radio Taxis Group Limited, the UK’s leading ground transportation services supplier, has been announced as the winner of the CIMA Financial Management Awards’ prestigious Corporate Social Responsibility award.

The ceremony, held at The Riverbank Park Plaza Hotel in London, is an annual event celebrating key players in the financial management sector and honouring individuals and companies who have been instrumental in developing the industry.

In a highly competitive category, Radio Taxis Group was commended for the success of its CarbonNeutral® programme and its balance between social and corporate impact. The judges were further impressed by the strategy underpinning the project, establishing a clear business link between the cost of offsets against media coverage and new business won as a result of the company’s raised profile.

Radio Taxis Group announced in March 2005 that it would be offsetting all of the emissions from its London offices and from its 3,000 strong fleet of taxis, executive limousines, private hire vehicles and couriers. Over the course of last year the company spent £100,000 in projects ranging from solar home lighting in India and Sri Lanka, to micro-hydro power generation in Bulgaria, to tree planting in Scotland.

Gordon Brown, Financial Controller of Radio Taxis Group commented:

"We are delighted to have won the CIMA Financial Management CSR award. It is a reflection of all of the work that Radio Taxis Group puts into its programmes, be they with our clients or staff, local communities, or the environment.

We are proud of our position as an industry leader on Corporate Social Responsibility issues and they will continue to be central to our approach. We strive to be the type of company that people and businesses feel good about, and which gives back to the community it both serves and is dependent upon."

Charles Tilley, Chief Executive of CIMA said:

"Radio Taxis Group has adopted an ambitious project to offset their carbon emissions and in doing so, has become the first CarbonNeutral® company in their industry. We commend their efforts."

ENDS

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Notes to Editors

Formed in 1953, Radio Taxis Group provides a single point solution for all business and private ground transport needs. It was de-mutualised in June 2004.
Based in North London, Radio Taxis Group’s fleet of over 3000 vehicles includes chauffer driven executive cars, black taxis, private hire vehicles (including an in-house driver training school) and a motorbike and van courier service.
Radio Taxi Group is the first UK company to offer a fully integrated booking and review system, allowing customers to book online and then quickly and accurately track their usage afterwards.
Radio Taxi Group has pioneered sustainable transport systems in the UK. It was the first CarbonNeutral® transport service provider, invests heavily in energy and emissions reductions programmes and has an in-house R&D facility dedicated to reviewing new technologies that target improving environmental performance
With over 4000 corporate clients Radio Taxi Group is one of the UK’s largest ground transport service providers. Clients range from the Bank of England to the Financial Times to the British Library.
Radio Taxis Group has previously been recognised by a number of independent awards, including The Energy Savings Trust Best Practice Award, the Business in the Community Awards for Excellence and the Impact on Society Award.
CIMA (the Chartered Institute of Management Accountants) is the only international accountancy body with a sole focus on business.
CIMA is a world leading professional institute that offers an internationally recognised qualification in management accountancy, focusing on accounting in business, in both the private and public sectors.
CIMA is the voice of over 155,000 members and students in 158 countries and is responsible for the education and training of management accountants who work in industry, commerce and not-for-profit and has more members in the public sector than any other UK based body.
CIMA prides itself on the commercial relevance of its syllabus, which is in tune with the activities of high performance organisations, and evolves continually to reflect the latest developments in global business. It is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy.
The Financial Management Award for Corporate Social Responsibility was sponsored by Financial Management Magazine

For further information about the Radio Taxis Group, informed comment, interview or images please contact:
Paul Donlon / Oliver Williams (Four Communications Plc)
E: rtg@fourcommunications.com
T: + 0044 (0) 870 420 3268

For more information about CIMA, please visit www.cimaglobal.com