Acquisition

Vp PLC 16 November 2007 Press Release 16 November 2007 Vp plc ('Vp' or 'the Group') Acquisition Vp plc, the equipment rental specialist, today announces the acquisition of three businesses. Vp plc's Irish subsidiary, Vp Equipment Rental (Ireland) Limited, has acquired the business and assets of Underground Safety Services Limited (USS) and Pipe Testing Accessories Limited (PTA) for a combined consideration of €0.8m, of which €0.12m is deferred, dependent upon business performance in the 19 month period post completion. The businesses, which operate from premises in Tullamore, Republic of Ireland, provide shoring and pipe-stopper services to the Irish construction and civil engineering markets. USS and PTA will be integrated within the Groundforce division of Vp, which already offers these services to the UK market. The combined revenue of the USS and PTA businesses was €0.6m for the year to 31st January 2007. Vp plc's tool hire subsidiary, Hire Station, has acquired the entire issued share capital of Able Safety (Yorkshire) Limited (Able) for a cash consideration of £0.75m. Able, established in 2001, provides safety equipment rental, service and sales, plus confined space training from its Knottingley base in West Yorkshire. Able will be integrated with Hire Station's market leading safety rental activity, ESS Safeforce. In the year to 31st August 2006, Able generated revenues of £0.5m. Jeremy Pilkington, Chairman of Vp plc, commented: 'The acquisitions of USS and PTA complement the strategic expansion of our Groundforce business into the Republic of Ireland and will help further support the provision of Groundforce's specialist shoring and associated services to our customer base. We are also very pleased to acquire the Able business which will further consolidate our ESS Safeforce safety rental business' position as leader in this market.' - ENDS - For further information please contact: Vp plc Jeremy Pilkington, Chairman Tel: +44 (0) 1423 533 405 jeremypilkington@vpplc.com Neil Stothard, Group Managing Director Tel: +44 (0) 1423 533 445 neil.stothard@vpplc.com www.vpplc.com Mike Holt, Group Finance Director Tel: +44 (0) 1423 533 445 mike.holt@vpplc.com www.vpplc.com Media enquiries: Abchurch Communications Justin Heath / Emma Johnson Tel: +44 (0) 113 203 1340 Justin.heath@abchurch-group.com www.abchurch-group.com Notes to editors About Vp The principal activity of the Group is equipment rental and associated services almost entirely conducted within the UK. Vp plc listed on the London Stock Exchange in 1973. The Group is focused on six businesses: Hire Station Tools and specialist products for industry, construction and home owners. TPA Portable roadway systems, bridging, fencing and barriers primarily to the UK market, but also in the Republic of Ireland and mainland Europe. Torrent Trackside Infrastructure equipment and services for the railway renewals and maintenance industry. Groundforce Excavation support systems and specialist products for the water, civil engineering and construction industries. UK Forks Rough terrain material handling equipment for industry, residential and general construction. Airpac Bukom Oilfield Services Equipment and service providers to the international oil and gas exploration and development markets. This information is provided by RNS The company news service from the London Stock Exchange

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