Interim Management Statement

Press Release       12 August 2010 Vp plc       ("Vp" or "the Group") Interim Management Statement Vp plc, the equipment rental specialist, today provides an update on business performance for the period since the announcement of its Final Results on 8th June 2010. As anticipated, Vp has experienced a period of stability in its markets and the pattern of demand has been largely as expected. The Group has seen some areas of improvement with the business benefitting from a tentative recovery in house building and a modest uplift in rail activity.  Whilst infrastructure markets have generally held up well, as expected the AMP5 water programme has been slow to start.  General contracting related demand remains stable but with few signs of growth.  The Group's oil and gas related activities have experienced a slower than expected first quarter due to delays on certain projects, but these are now underway and we remain confident that this market will continue to offer good prospects going forward. We have maintained our focus on cash conservation and whilst investment in the business has continued in support of secured opportunities, we expect to see borrowings reduced further in the current financial year.  As announced at the time of the Final Results, new banking lines have been agreed and were finalised in July. Whilst we anticipate further challenges ahead, particularly in construction related markets, the trading outlook for the year remains unchanged. - Ends - Enquiries: 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 Mike Holt, Group Finance Director Tel: +44 (0) 1423 533 445 mike.holt@vpplc.com www.vpplc.com Media enquiries: Abchurch Communications Mark Dixon / Claire Dickinson Tel: +44 (0) 20 7398 7729 mark.dixon@abchurch-group.com www.abchurch-group.com Notes to editors: About Vp The main activity of the Group is equipment rental and associated services principally conducted within the UK.  Vp plc listed on the London Stock Exchange in 1973. The Group is focused on six businesses: Airpac Bukom Oilfield Services Equipment and service providers to the international oil and gas exploration and development markets. Groundforce Excavation support systems and specialist products for the water, civil engineering and construction industries. 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. TPA Portable roadway systems, bridging, fencing and barriers primarily to the UK market, but also in the Republic of Ireland and mainland Europe. UK Forks Rough terrain material handling equipment for industry, residential and general construction. Further information can be found at www.vpplc.com [HUG#1437298] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Vp PLC via Thomson Reuters ONE

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