Change of Name

Allen PLC 4 September 2001 FOR RELEASE 7.00 AM 4 SEPTEMBER 2001 Allen Plc (Hire Services and Utility Services) Change of name to Speedy Hire Plc ('Speedy' or 'Group') DEALINGS COMMENCE TODAY At the Annual General Meeting held on 23 August 2001, shareholders approved the change of the name of the company to Speedy Hire Plc from Allen Plc. Dealings under the new name commence today (Tuesday, 4 September 2001). David Wallis, the Chairman, commenting on the change of name said: 'The change of name to Speedy Hire Plc emphasises our strategy of focusing solely on our hire services activities where we see tremendous opportunities for growth. Speedy currently has 214 outlets across the UK, 12 of which have been opened in the current year. The three main sectors of the market covered are tool hire, cabins and survey equipment but the Group also has a growing presence in the power, lifting, engineering safety and interiors markets all which offer considerable potential. As reported at the Annual General Meeting, Speedy has had a good start to the year with like-for-like sales in the first quarter 11% ahead of the similar period last year and I remain confident Speedy is well-placed to continue its growth.' For further information: John Brown (Chief Executive) 01942 720000 Neil O'Brien (Group Finance Director) 01942 720000 Brian Coleman-Smith / Philip Hewitt-Brown / Bruce Croxford 020 7786 9600 Binns & Co Public Relations

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Speedy Hire (SDY)
UK 100

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