BTS signs new agreement with Centrica -assignment worth up to 5 MSEK

BTS signs new agreement with Centrica -assignment worth up to 5 MSEK Centrica, the leading provider of energy and other essential services, has asked BTS to develop a management-training programme. The assignment, worth 5 MSEK, includes a tailored, computer based business simulation targeting 200 of Centrica's managers and will be delivered during 2002 and the first two quarters of 2003. The purpose of the program is to embed Managing for Value (MfV) in Centrica through the practical application of MfV principles, tools and techniques, and build strategic management skills within the senior leadership cadre. "This is BTS Ltd's second large assignment within Managing for Value. It is a management philosophy that is growing and therefore an interesting application for BTS" says Henrik Ekelund, President and CEO of BTS Group. Centrica is the leading provider of energy and other essential services at home and on the road. The company had a turnover of approx. 175 billion kronor during 2001 and has approx. 30,000 employees. BTS is listed on the Stockholm Stock Exchange since the 6 June 2001. For further information please contact: Henrik Ekelund, President and CEO of BTS Group AB, tel: +1 415 362 95 67 Johan Strömsäter, CEO BTS UK, tel: +44 207 348 18 00 Christian Ankarcrona, Investor Relations, tel: + 46 8 58 70 70 00 Homepage; www.bts.com BTS Group AB is an international training and consultancy company in the field of business acumen. BTS uses tailor-made business simulations to support company managers in implementing change and improving profitability. BTS train the entire organisation to analyse and to take decisions centred on the factors that promote growth and profitability. This generates increased emphasis on profitability and market focus, and supports day-to-day decision-making, which in turn leads to tangible, sustainable improvements in profits. BTS customers are often multinational companies. In 2001, BTS generated a turnover of SEK 197 million and has today 108 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/09/26/20020926BIT00290/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/26/20020926BIT00290/wkr0002.pdf