21^stNovember 2017

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

National Express Group PLC

 Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 9^th November, Merrill Lynch International (contact: Joe Smith-Morgan; telephone: 0044 207 995 3966) hereby gives notice that no stabilisation (within the meaning of [Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.