Trading Statement

Wincanton PLC 26 March 2003 26 March 2003 WINCANTON PLC PRE-CLOSE SEASON UPDATE Wincanton plc today issues the following statement in respect of its recent Trans European acquisition and the financial year ending 31 March 2003: 'Rapid progress has been made towards the integration of Trans European's UK business with Wincanton's existing operations. Annualised cost saving targets will be met within the Board's original timetable and opportunities to deliver further savings are anticipated. Good progress is also being made in the assessment of actions required to improve the performance of certain Continental European operations. The Board has been encouraged by the positive response of customers to the Trans European acquisition. Our business development teams are active, both in respect of national markets and cross-border initiatives, and we are already seeing incremental opportunities arising from the enhanced customer, service and geographic base of the enlarged group. Economic conditions remain challenging. However, against this background, the Group's operations have been performing broadly in line with expectations'. Paul Bateman, Wincanton's Chief Executive, commented: 'The Trans European acquisition represents a major strategic step forward for Wincanton. We have made solid progress on business integration and are working hard to deliver the growth potential of the enlarged group. Despite the difficult economic conditions, we have great confidence in its future'. Contact: Wincanton plc Tel: 01963 828282 Paul Bateman, Chief Executive Gerard Connell, Group Finance Director Charles Carr, Director of Marketing & Communications Buchanan Communications Ltd Tel: 020 7466 5000 Richard Oldworth/Charles Ryland/Jeremy Garcia This information is provided by RNS The company news service from the London Stock Exchange J

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