Directors' Shareholdings

Speedy Hire PLC
22 September 2004

22 September 2004



                        Speedy Hire plc (the 'Company')
                         Directors' Interests in Shares


Speedy Hire announces the following changes to Directors' interests in the
Company's ordinary 5p shares ('Shares').

Long Term Incentive Plan ('LTIP')

The awards granted under the Company's original LTIP (which vested on 23 August
2004) were exercised yesterday.  The awards were rights to acquire Shares for
nil consideration.  Details of the awards exercised by Executive Directors are
in the table below.

As a result of these exercises, the number of Shares held by the Company's
Employee Benefit Trust ('EBT') has reduced by 867,690 Shares (2.03% of the
Company's issued share capital) in total.  529,086 Shares (1.25%) held by the
EBT by the Sanne Trust Company Limited for the benefit of members have today
been sold at 440p per Share.  The EBT now holds 135,310 Shares (0.31%).

As potential beneficiaries of the EBT, all Executive Directors of the Company
are treated as interested in transactions by the EBT.

Sale of Shares

Individuals who have exercised their awards are required to discharge the
corresponding tax liabilities.  The Executive Directors listed below have sold
Shares, all at 440p per Share, as follows:


Director     Previous Holding of   Shares Acquired on    Shares Sold            Total Holding of
             Shares                Exercise of LTIP                             Shares
                                   Awards
J E Brown       142,739    (0.33%)    186,000    (0.44%)    (125,000)   (0.29%)    203,739    (0.48%)
S J Corcoran     16,907    (0.04%)    120,900    (0.28%)     (48,164)   (0.11%)     89,643    (0.21%)
N C O'Brien      17,600    (0.04%)    111,600    (0.26%)     (51,600)   (0.12%)     77,600    (0.18%)


Share Purchases


The following Directors yesterday purchased Shares, all at 440p per Share, as
indicated below:


Director                    Previous Holding        Shares Purchased        Total Holding
D A Galloway                     12,000     (0.03%)      10,000     (0.02%)      22,000     (0.05%)
D W Wallis*                      30,000     (0.07%)      10,000     (0.02%)      40,000     (0.09%)

*These shares are held in the registered name of Rosedene Investments Ltd



Share Awards


Awards have been made yesterday under the Speedy Hire Performance Share Plan
('PSP') and awards of Matching Shares have also been made under the Speedy Hire
Co-Investment Plan ('CIP').  These Plans were approved by shareholders at the
Company's AGM on 21 July 2004.  The awards are rights to acquire ordinary 5p
shares ('Shares') at nil cost, subject to the rules of the Plans and to the
applicable performance targets.  Awards have been made to Executive Directors as
follows:

Director                     Share Awards under PSP     Matching Share Awards    Total Shares over which
                                                                    under CIP                Awards Held
S J Corcoran                                 47,858                    93,458                    141,316
A C Simpson                                  45,465                    88,786                    134,251
N C O'Brien                                  35,894                    70,094                    105,988


Both awards under the PSP and Matching Share Awards under the CIP will normally
be exercisable (to the extent performance targets are met) within a 90-day
period following the announcement of the Company's results for the year ending
31 March 2007.


                                     -ends-


Enquiries:


Speedy Hire Plc
Frank Dee, Senior Independent Director
Neil O'Brien, Finance Director
Tel:  [phone]






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