AGM Statement

Northgate PLC 08 September 2004 8 September 2004 Northgate plc AGM Trading Statement Northgate plc ('Northgate', the 'Group'), the UK's leading commercial vehicle hire company, will be holding its AGM today. Michael Waring, Chairman of Northgate, will be making the following statement: 'I am pleased to report that, based on the results for the first four months of the year, the Group's financial performance is in line with the Board's expectations. On 1 August 2004 the Group acquired the entire share capital of Foley Self Drive Limited, a family owned business based in the West Midlands with 850 vehicles. This acquisition, when combined with organic growth since 1 May 2004, resulted in the Group achieving another milestone in its development with its 50,000th vehicle in the UK. 'Fualsa, the Group's commercial vehicle hire subsidiary in Spain, continues to perform well with fleet growth and earnings in line with the Board's expectations. 'We look forward to a satisfactory outcome for the Group for the remainder of the year.' -Ends- For further information, please contact: Northgate plc Tel: 01325 467558 Steve Smith, Chief Executive Gerard Murray, Group Finance Director Hogarth Partnership Limited Tel: 0207 357 9477 Andrew Jaques Tom Leatherbarrow Further information regarding Northgate can be found on the Company's website: http://www.northgateplc.com This information is provided by RNS The company news service from the London Stock Exchange
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