Trading Statement

Vp PLC 30 September 2003 Press Release 30 September 2003 Vp plc Trading Statement Vp plc, the equipment rental specialist, today issues the following trading update in advance of its interim results for the six months ended 30 September 2003, which are to be announced on 1 December 2003. We are pleased to report that group trading for the six months has been satisfactory and in line with the Board's expectations. SERVICES Groundforce Groundforce has enjoyed a good level of activity with particularly strong demand from the Channel Tunnel Rail Link and Heathrow Terminal 5 contracts. During the period, Groundforce announced the acquisitions of Trenchshore for £2.7m and Indepth Hire for £450,000. These businesses have been fully integrated within the Groundforce structure and are performing in line with expectations. UK Forks UK Forks had a satisfactory start to the year with good levels of demand from all sectors and in response, the current years capital investment programme has been accelerated. Airpac Oilfield Services Airpac Oilfield Services has traded satisfactorily in the period, particularly in the North Sea sector. HIRE STATION Trading in the first quarter was flat although subsequently the weather in July and August created significant demand for cooling products. Further positive changes have been made within Hire Station. We have restructured our Safeforce, Lifting Point and One Call specialist product offerings to improve their market focus. The period also saw the opening of further Safeforce and Lifting Point locations across the country and the closure of three surplus tool hire locations. One Call has also delivered good growth in the period. We have also created a single accounting centre for tool hire in Nottingham to replace the three existing offices. TORRENT TRACKSIDE As anticipated in the June 2003 Chairman's Statement, the exceptional levels of activity experienced in the second half of last year have not been repeated so far this year. Nevertheless, Torrent continues to trade very satisfactorily and is maintaining its market share. Prospects remain very positive over the medium term. OUTLOOK Although certain markets continue to be challenging, the breadth of sectors within which Vp operates, particularly those with a health and safety or regulatory bias, should enable the Group to make further progress in the remainder of the year. - Ends - For further information: Vp plc Tel: +44 (0) 1423 533 405 Jeremy Pilkington, Chairman & Chief Executive www.vpplc.com Neil Stothard, Group Finance Director Media enquiries: Bankside Sarah Carrell Tel: +44 (0) 113 390 6388 sarah.carrell@bankside.com www.bankside.com This information is provided by RNS The company news service from the London Stock Exchange

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