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Business Post Group (UKM)

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Wednesday 30 April, 2003

Business Post Group

Proposed issue of licence

Business Post Group PLC
30 April 2003

30 April 2003

                            BUSINESS POST GROUP PLC

             Proposed Issue of Long Term Licence to UK Mail Limited

Business Post, one of the UK's leading express delivery companies, notes the
statement by Postcomm, the independent postal industry regulator, that it is
minded to grant Business Post's subsidiary, UK Mail, a long term licence to
provide postal services for business customers (subject to a 30 day consultation
which commences today).

The licence permits UK Mail to undertake collection, sorting and national
distribution of business mail, with Royal Mail undertaking the final delivery.
UK Mail's existing interim licence for similar services will be revoked by
consent if the long term licence, which will last a minimum of seven years, is

UK Mail's ability to provide postal services under such a licence is dependent
upon the agreement of access arrangements between UK Mail and Royal Mail. These
arrangements are still to be finalised.


Business Post Group plc                                          0121 335 1112
Paul Carvell (Chief Executive)
Guy Buswell (Director)

Bankside Consultants Limited
Charles Ponsonby (PR)                                            0207 444 4166

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