T-Systems Report Finds Energy Shortage and Sharp Fuel Price Rises are Biggest Worries for UK Executives

LONDON, June 22, 2010 -

    - Study Shows More Than 80% of Executives Expect British Fuel and Energy
      Prices Will Rise Sharply



    - Nearly 50% of Executives are Expecting Energy Supply Shortages in the
      UK Within the Next Five Years

    - Companies are Looking Towards Micro-Generation Amid Fears of High
      Prices and Uncertain Supply

Senior UK executives are concerned that Britain is hurtling towards
energy demand outstripping supply, according to findings of a new survey
published today by T-Systems. The research, carried out with the Economist
Intelligence Unit, reveals that over 80% of directors and other senior
executives from large organisations fear sharp energy price rises, and nearly
50% expect electricity shortages over the next five years.

Regardless of the current debate around the financial crisis, weak
recovery and likely cuts to the UK's transport infrastructure projects, 52%
of the business leaders surveyed warned that to ensure Britain's
competitiveness, the single aspect of the economy that the new government
needs to prioritise is securing its energy supply.

"The research highlights that energy is now a major business risk for UK
businesses. In the near future, access to energy and its careful management
will be as critical to business success as, for instance, access to capital
and management of capital is today. This is a board level issue." said Sam
Kingston, the managing director of T-Systems in the UK.

"Close collaboration between large energy users and energy providers will
be key not simply in reducing energy consumption but in establishing a
sustainable pattern of demand and supply for the future."

Among the report's other findings:

    - Micro-generation is becoming increasingly attractive, whether based on
      solar, wind, heat pumps or other technologies. Although only 13%
      currently have such equipment, 42% already have plans to implement a
      micro-generation scheme.

    - Nearly three-quarters (73%) of respondents believe that nuclear energy
      will have to be the primary solution to the UK's energy needs in the
      medium term.

    - 90% of respondents already have a concrete energy efficiency goal for
      the year ahead, with most planning cuts of up to 10%.

    - Nearly all (91%) executives polled agree that electricity suppliers
      should be required to promote energy use reduction through efficiency
      schemes.

Full press release:
www.kelsopr.com/t-systems-report-finds-energy-shortage-and-sharp-fuel-price-rises-are-biggest-worries-for-uk-executives-over-the-next-five-years

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    Media contacts:

    Kelso Consulting (PR advisers)
    Tim Prizeman / Willard Foxton
    Tel: +44(0)20-7242-2272
    Email: Ginniac@kelsopr.com

Media contacts: Kelso Consulting (PR advisers), Tim Prizeman / Willard Foxton, Tel: +44(0)20-7242-2272, Email: Ginniac at kelsopr.com