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: 020 7796 4133 Tel: 01942 720000 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 The company news service from the London Stock Exchange

Companies

Speedy Hire (SDY)
UK 100

Latest directors dealings