RNS Number:5448P
VT GROUP PLC
09 September 2003


Stock Exchange Release                  9 September 2003


ORDER FOR HELLENIC NAVY

VT Group has extended its agreement with Elefsis Shipbuilding for the
construction of 62 metre Fast Attack Craft for the Hellenic Navy. The extension,
under which VT and Elefsis will supply two follow-on ships, for delivery in 
2006/7, became effective with the receipt of an initial advance payment.



Three Super Vita Class ships are already under construction at Elefsis'
facilities in Greece, with VT providing the design, procurement services and
other assistance.



The original contract included an option for the two follow-on ships, which will
be worth some #100m to VT Group.



VT Group Chief Executive Paul Lester commented: "The follow-on order for fast
attack craft reflects the success of this project and the good working
relationship we have established with Elefsis Shipbuilding".



For further information contact:





Paul Lester - Chief Executive        Tel: 07885 388664

or

Chris Cundy - Finance Director       Tel: 07711 693647








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