Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Exel PLC (EXL)

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Monday 10 November, 2003

Exel PLC

Acquisition

Exel PLC
10 November 2003


EXEL ACQUIRES LEADING

ITALIAN LOGISTICS CAPABILITY


(London UK, 10 November 2003) - Exel, a world leader in supply chain management
solutions, announced today that it is acquiring Cappelletti Spa, a leading
Italian logistics business based in Milan. Focused on providing solutions to
consumer products and retail companies, Cappelletti had turnover of over €44m in
2002.

Strengthening Exel's logistics operations in Italy has for sometime been a
strategic priority for the Group. Demand for professional outsourced logistics
solutions continues to grow in Italy, providing opportunities for international
logistics specialists to use local skills to build on established global
customer relationships. Over the last few years Exel has developed a leading
freight forwarding business in Italy and has started to develop contract
logistics solutions for the healthcare and retail sectors.

An established business with a strong customer portfolio, Cappelletti Spa will
provide Exel with a strong platform from which to develop a broader presence in
the fast growing Italian market for supply chain solutions. Focused on the
consumer and retail markets, Cappelletti fits well with Exel's customer and
sector focused strategy and existing infrastructure in the country.

Headquartered in Milan, Italy, the company has seven business units operating
throughout Italy. Cappelletti's customers include some of the leading
multinational fast moving consumer goods companies.  Cappelletti's key
management team will remain actively involved in the business even after the
acquisition is finalised.

Consideration will be in cash. Further capped payments could be made, dependent
on future performance. Net tangible assets as at 31 December 2002 were €13m
(£10m). It is expected that the acquisition will be earnings enhancing in the
first full year of ownership. The deal will be subject to certain regulatory
clearances.

Fabio Tacchinardi, Managing Director of Cappelletti commented: "Bringing Exel's
leading global logistics expertise to Cappelletti's Italian customers will
provide significant opportunities to strengthen our relationships and extend the
range of value added services we can offer."

John Allan, Chief Executive of Exel, added: "Cappelletti provides Exel with a
significant opportunity to strengthen its presence in the important Italian
contract logistics market without exposing the Group to asset-intensive
operations. The synergies created between the two businesses, combining strong
local customer focused operations with global customer relationships, will
enable us to accelerate the growth of our business in Italy."

                                    - ends -

For further information contact:

For Exel:
John Allan, Chief Executive                               +44 1344 744409
John Dawson, Corporate Affairs                            +44 7733 301986

The Maitland Consultancy:
Martin Leeburn                                            +44 20 7379 5151


About Exel:

Exel is the global leader in supply chain management, providing customer-focused
solutions to a wide range of manufacturing and retail industries.  Exel's
comprehensive range of innovative logistics solutions encompasses the complete
supply chain from design and consulting through freight forwarding, warehousing
and distribution services to integrated information management and e-commerce
support.

Exel, a UK listed, FTSE 100 company, has turnover of £4.7 billion (over US$7
billion) and employs around 67,000 people in 1,600 locations in over 120
countries worldwide.  Exel's customers include over two thirds of the world's
largest, quoted non-financial companies.  More information is available at
www.exel.com.


                      This information is provided by RNS
            The company news service from the London Stock Exchange