SAR 5 - Speedy Hire

Schroders PLC
26 April 2005

                                                                      FORM SAR 5

                            DISCLOSURE OF DISPOSALS

       (Rule 5 of The Rules Governing Substantial Acquisitions of Shares)



Name of seller                                  Schroders Plc

Beneficial owner, if different from above       Clients under discretionary 
                                                management agreements with 
                                                Schroder Investment Management 
                                                Limited and its associates and 
                                                subsidiaries.

Names of any other persons acting by agreement  n/a
or understanding (see SAR 5)

Company dealt in                                Speedy Hire Plc

Class of voting shares (eg ordinary shares)     Ord 5p

Date of disposal                                25.04.05

Number of shares disposed of                    127,785

Number of rights over shares disposed of #      n/a

Nature of rights over shares                    n/a

Total holding of voting shares (and percentage  7,219,794 16.929%
of total voting shares in issue)

Total holding of rights over shares (and        n/a
percentage of total voting shares in issue)

Combined total holding (and percentage) of      7,219,794 16.929%
voting shares and rights over shares


Date of disclosure                              26.04.05

Contact name                                    Duncan Murray

Telephone number                                020 7658 2962

#  See the definition of 'rights over shares' in the Definitions Section of the
SARs.

For details of the SARs disclosure requirements, see SARs 3 and 5 and their
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.


                      This information is provided by RNS
            The company news service from the London Stock Exchange