Lease

NWF Group PLC 09 September 2003 Embargoed until 08:00 Tuesday 9 September 2003 Boughey Distribution to manage a consolidation depot for Tesco Boughey Distribution Ltd, the Distribution division of NWF Group plc, the diversified sales and distribution business, has been invited by Tesco to manage a dedicated consolidation depot at Winsford, Cheshire. Boughey has taken a fifteen year lease on a new warehouse on an industrial estate in Winsford. This lease has a break clause at five years. After installing racking, the warehouse will have a capacity of 12,500 pallets. Filling of the warehouse is now in progress with full utilisation expected by the end of October. Boughey is already a major player in the logistics chain for Tesco and distributes consolidated loads nationally for a number of Tesco suppliers, both branded and private label. Mike Guest, Managing Director of Boughey Distribution, commented 'We are delighted to have been given this opportunity by a respected leader in the grocery industry and we very much see this as a step on the way to a possible building programme at our own site at Wardle nearby.' Alex Laffey, Primary Operations Director of Tesco said 'We have many years of experience of Boughey's excellent service and are happy to recommend to our suppliers that they take advantage of the consolidation opportunities available to the benefit of all.' For further information please visit www.nwf.co.uk or contact: Graham Scott Mike Guest John West Chief Executive Managing Director Claire Melly NWF Group plc Boughey Distribution Ltd Tavistock Communications Tel: 01829 260 260 Tel: 01829 260 260 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange

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NWF Group (NWF)
UK 100

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