Circ re. Disposal and Notice of General Meeting

Circular re the disposal of Wincanton's remaining operations in Mainland Europe
                         and Notice of General Meeting
                         Wincanton plc (the 'Company')


26 October 2011

The  Company  announces  that  a  circular  in  respect  of  the disposal of its
remaining  operations  in  Mainland  Europe  has  been sent to shareholders. The
disposal  was previously announced  on 15 August 2011.  The  circular contains a
Notice convening a General Meeting on 21(st) November 2011 at which a resolution
to approve the disposal will be proposed.

As  previously announced, the net cash proceeds  of the disposal are expected to
be  approximately €38.7 million.  Included within  the circular is the following
update on current trading:

"In its interim management statement released on 21 July 2011 the Company stated
the following:

"The   Group's   trading  performance  in  the  period  was  in  line  with  our
expectations.

The  Group has secured a number of  renewals in the period, including operations
for B&Q and Procter & Gamble, and also a number of wins including operations for
Forticrete  and Jack Wills. Our Mainland  European business has started the year
well  and the Group continues  to make good progress  in developing our business
pipeline with potential new customers.

Trading  conditions remain  challenging in  certain areas,  including containers
where  volumes have been lower than expected.  We have also been impacted by the
closure of Focus DIY, a long term customer of the Group."

Following  this update on trading,  the core UK &  Ireland business continues to
trade  satisfactorily.  We  have secured  new business  wins in the period which
will  start to contribute in  the second half of  the year ending March 2012 and
will help offset business lost through customer receiverships.

Our open book contracts provide resilience to short term fluctuations in volume,
although  some of our closed book contracts have experienced a mixed performance
given  the volume pressures.  The Containers  business has not achieved the year
on year growth in volume that we forecast given the reduction in import activity
and,  as  a  result,  profitability  within  the  Containers  business  has been
impacted.  We are taking  action to minimise  on-going losses in our Foodservice
business  and  to  achieve  an  overall  resolution;  however, this will lead to
exceptional charges in the results for the year ending March 2012.

Whilst  the overall economic environment remains very tough, we continue to seek
ways  to  reduce  costs  and  pursue  attractive  new business opportunities. As
previously  stated,  the  Group  continues  to  manage  its  financial  position
prudently, with a particular focus on preserving cash. The net proceeds from the
recent  disposals of parts  of our Mainland  European business together with the
Disposal  subject to the circular  posted to shareholders today  will be used to
reduce  our overall  average net  debt. The  Company manages its working capital
during  the financial year and, as a result, the impact on reported debt will be
lower.

The interim results will be announced on 10 November 2011."

A copy of the Circular and Notice of General Meeting, together with associated
Proxy Form, have been submitted to the National Storage Mechanism and will
shortly be available to the public for inspection at www.hemscott.com/nsm.do.

A copy of the Circular and Notice of General Meeting will be made available on
the Company's website at www.wincanton.co.uk from 26 October.

The  General Meeting will be held  at 10:00am on Monday, 21 November 2011, or as
soon thereafter as the General Meeting shall have been adjourned, at the offices
of Buchanan Communications, 107 Cheapside, London, EC2V 6DN.

- Ends -

Wincanton plc
Eric Born, Chief Executive           01249 710 000
Jon Kempster, Group Finance Director

Buchanan Communications
Charles Ryland / Jeremy Garcia / Ben Romney                        020 7466 5000









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Source: Wincanton Plc via Thomson Reuters ONE

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