Appointment

Allen PLC 21 February 2001 FOR RELEASE 7.00AM 21 February 2001 Allen Plc ('Allen' or 'Company') (Support Services) BEESON GREGORY APPOINTED AS ALLEN'S STOCKBROKER Allen, which has announced that it will focus on its hire services activities and will be re-named Speedy Hire Plc, is pleased to announce that Beeson Gregory Limited has been appointed as the Company's stockbroker. Brewin Dolphin Securities Ltd will remain as joint stockbroker. David Wallis, the newly appointed Chairman of Allen, commented: 'We were impressed by Beeson Gregory's understanding of our market position and the potential for Speedy Hire following the planned disposal programme and, in particular, the all round strength of their team. 'We are looking forward to working closely with them during a period of intense activity when we will be focusing on the expansion of our hire services companies where we are continuing to see strong growth. It is our intention to dispose of our building contracting and utility services activities.' For further information: Allen Plc John Brown,Chief Executive Officer 01204 699 277 Neil O'Brien, Finance Director 01204 699 277 Binns & Co Public Relations Brian Coleman-Smith/ Amanda Sheehy 020 7786 9600

Companies

Speedy Hire (SDY)
UK 100

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