Trading Statement

Speedy Hire PLC 07 April 2005 7 April 2005 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 preliminary results for the twelve months ending 31 March 2005. Since the interim results on 24 November 2004, the Group has continued to make good progress. Total turnover for the first 11 months of the current financial year increased by 18% and like for like turnover increased by 12% in the tool hire companies. All companies and all regions have experienced record levels of trading. During the financial year Speedy has made five acquisitions for a total consideration of £19m. All our acquisitions have been successfully integrated into the Speedy Hire network and have helped accelerate the group's expansion into non-construction markets whilst further enhancing our service offering to customers. In addition, the Group disposed of its low return toilet hire business for £1.1m. The exit costs will result in a £0.6m exceptional charge relating to fees and asset write offs. We operate in a healthy commercial environment and continue to win market share. The Board is confident of meeting market expectations. Speedy Hire will announce its preliminary results on 1 June 2005. Website: www.speedyhire.plc.uk -ends- Enquiries: Speedy Hire Plc gcg hudson sandler Steve Corcoran, Chief Executive James Benjamin Neil O'Brien, Finance Director Tel: 020 7796 4133 Tel: 01942 720 000 Notes to editors: Speedy Hire is the number one provider of equipment hire services in the UK, operating from over 300 depots throughout the country. The Group is focused primarily on tool hire, with complementary businesses specialising in portable accommodation, lifting equipment, surveying and measurement instruments and compressed air and power generating equipment. This information is provided by RNS The company news service from the London Stock Exchange

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