Trading Statement

Speedy Hire PLC
09 October 2003

                                                                  9 October 2003

                                Speedy Hire Plc
                         (Speedy Hire' or 'the Group')

                                 Trading Update


The Board of Speedy Hire is pleased to provide the following update on trading
in advance of its interim results for the 26 weeks ended 27 September 2003,
which will be announced on Wednesday 26 November 2003.



Since the AGM statement on 23 July 2003, the Group has continued to make good
progress.  Total turnover for the first five months of the current financial
year increased by 14% and on a like for like basis tool hire turnover has
advanced by 9%.



On Monday 29 September 2003 Speedy Hire acquired the construction surveying
equipment hire division of Leica Geosystems adding two depots to our network.
The business was acquired for a cash consideration of £1.3m.



We continue to operate in a solid commercial environment and trading to date is
in line with our expectations and, provided there is no change in the general
economic outlook, the business remains on track to deliver a year of further
progress.

                        Website:  www.speedyhire.plc.uk


                                     -ends-


Enquiries:

Speedy Hire Plc                                      Hudson Sandler

John Brown, Chief Executive                          Nick Lyon / Keith Hann

Neil O'Brien, Finance Director                       Tel:  [phone]

Tel:  [phone]



Notes to editors:



Speedy Hire is a leading provider of equipment hire services to UK contractors
and builders, industry, utilities and the public sector, operating from over 250
depots throughout the country.  The Group is focused primarily on tool hire,
with complementary businesses specialising in portable accommodation, surveying,
lifting and power generation equipment.


                      This information is provided by RNS
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