Acquisition

Vp PLC 06 November 2006 Press Release 6 November 2006 Vp plc ('Vp' or 'the Group') Acquisition Vp plc, the equipment rental specialist, today announces the acquisition, by its tool hire subsidiary Hire Station, of the entire issued share capital of MEP Hire Limited ('MEP') for a cash consideration of £3.3 million. MEP, based in Scotland, specialises in the rental and sale of press fitting, electro fusion and pipe threading machines on a national basis. The acquired business will operate within Hire Station alongside its existing activities. All of the employees of MEP will transfer to Hire Station, including the highly experienced management team who have established a strong track record in this sector and who also have long standing experience of the general tool hire market. For the year ended 31 January 2006 MEP reported profits before tax and exceptional costs of £0.6 million on turnover of £2.4 million. Jeremy Pilkington, Chairman of Vp plc, commented: 'We are very pleased to acquire the MEP business which will complement Hire Station's existing activities. The business fits our core criteria of being specialist with a strong market share in its chosen field. We look forward to working with the MEP management in continuing the excellent growth which they have delivered over recent years. More broadly, this acquisition for Hire Station reflects the significant progress that continues to be made in our tool hire division.' - Ends - For further information please contact: Vp plc Jeremy Pilkington, Chairman Tel: +44 (0) 1423 533 445 jeremypilkington@vpplc.com www.vpplc.com Neil Stothard, Group Managing Director neil.stothard@vpplc.com Mike Holt, Group Finance Director mike.holt@vpplc.com Abchurch Communications Sarah Hollins / Justin Heath Tel: +44 (0) 113 203 1340 sarah.hollins@abchurch-group.com www.abchurch-group.com Notes to Editors: 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. For the year ended 31 March 2006, Group turnover was £99.4million. The Group is focused on six businesses: TPA Portable roadway systems, bridging, fencing and barriers primarily to the UK market, but also in the Republic of Ireland and mainland Europe. Hire Station Tools and specialist products for industry, construction and home owners. 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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