REG-Capita PLC: IFRS15 early adoption <Origin Href="QuoteRef">CPI.L</Origin>

CapitaAnnouncement

30/05/2017 09:00

IFRS15 early adoption

Capita plc is today re-confirming its early adoption of the new revenue
standard IFRS15 from 1 January 2017, ahead of mandatory adoption on 1 January
2018. This is an accounting change and has no impact on the cash generation or
operating performance of the business.

Capita will therefore be reporting its half year results for the six months to
30 June 2017 under IFRS15, and will restate its 2016 results in accordance
with the new standard. Adopting IFRS15 requires additional preparatory work.
This and the restatement are progressing well, though IFRS15 adoption will
affect the timing of the publication of Capita’s half year results. An
amended reporting timetable is therefore outlined below:

13 June 2017                       AGM statement and
trading update
7 September 2017               IFRS15 teach-in
21 September 2017             Half Year Results 2017
End Nov/Early Dec 2017     Pre-close trading update
1 March 2018                       Full Year Results
2017

These dates will be published on www.capita.com/investors and further details
on the teach-in will be provided in due course.

ENDS

For further information:

Capita plc
Tel: 020 7799 1525
Shona Nichols, Executive Director, Communications
Andrew Ripper, Head of Investor Relations

Media enquiries

Powerscourt
Tel: 020 7250 1446
capita@powerscourt-group.com
Victoria Palmer-Moore, Peter Ogden and Ben Griffiths

Note to editors:

Capita is a leading UK provider of technology enabled customer and business
process services and integrated professional support services. With 73,000
people at over 450 sites, including 98 business centres across the UK, Europe,
India and South Africa, Capita uses its expertise, infrastructure and scale
benefits to transform its clients' services, driving down costs and adding
value. Capita is quoted on the London Stock Exchange (CPI.L), with 2016
underlying revenue of £4.9 billion

Further information on Capita can be found at: www.capita.com.



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