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Business Post Group (UKM)

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Monday 30 April, 2001

Business Post Group

Re Contract

Business Post Group PLC
30 April 2001


30 April 2001


BUSINESS POST GROUP PLC

UK RELATIONSHIP WITH FEDEX EXPRESS

Business Post Group plc ('Business Post'), the express parcel and mail
delivery company, today announces that it has reached agreement to act as
Global Service Participant ('GSP') for FedEx Express in the United Kingdom.
Under this agreement Business Post will make collections and deliveries on
behalf of FedEx Express in those areas in the UK which are not served directly
by FedEx Express.  In addition, Business Post customers will gain access to
the FedEx worldwide air network, while FedEx Express customers in the UK will
benefit from the extensive ground infrastructure of Business Post. It is
anticipated that this 5-year GSP agreement, which will commence on 3 September
2001, will increase Business Post's annual revenues by approximately 10%.


                              -          ENDS  -

Enquiries :


Business Post Group plc                              Tel : 01753 706 070

Peter Fitzwilliam, Finance Director

Financial Dynamics                                   Tel : 020 7831 3113
Ben Foster, Tim Spratt