Hays agrees settlement

Hays PLC 18 March 2002 HAYS AGREES SETTLEMENT OF CONSIGNIA CLAIM Hays plc has today agreed to settle Consignia's damages claim against it for infringements of the Postal Services Act 2000 and the British Telecommunications Act 1981, in a major development in the new postal services market. Hays has paid £5.5 million in damages and costs to bring the case to an end. Hays DX's Managing Director, Neil Tregarthen said: 'We are pleased Hays DX can now concentrate fully on developing its products and services to meet the needs of its clients. We have reached agreement with Consignia in the interest of ensuring an orderly market for the future.' Strategy and Business Development Group Managing Director for Consignia, Stuart Sweetman said: 'We were justified in bringing the proceedings against Hays, as this payment by them recognizes. We have also taken a stand to show that Consignia will protect its ability to provide the universal service by taking action when it sees other operators infringing its rights.' Enquiries: Neil Tregarthen Hays Mail and Express 01753 630 630 Jon Coles Brunswick 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange

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