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Business Post Group (UKM)

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Tuesday 13 July, 2004

Business Post Group

AGM Statement

Business Post Group PLC
13 July 2004







                            BUSINESS POST GROUP PLC

                               AGM Trading Update


At the AGM today of Business Post Group plc, one of the UK's leading express
delivery companies, the Chairman, Peter Kane, will state:

'Trading for the Group in the new financial year has been very satisfactory.
Volumes and yields in the first quarter were ahead of the equivalent period last
year, service levels remain high, and costs remain tightly controlled. The Board
expects further good progress in the current year.

'UK Mail's Business Class two day, time-definite mail service has made an
exciting start. As we enter our ninth week of trading after UK Mail commenced
operations, almost 3.5 million letters have been carried for our first two
customers, Powergen and a subsidiary of a major mobile telephone provider.
Service levels are high and both customers are pleased with the UK Mail
offering. We are delighted with the interest shown from potential customers and
expect a number of significant business wins in July and August.'



Enquiries:

Business Post Group plc
Paul Carvell (Chief Executive)                                          0121 335 1111
Peter Fitzwilliam (Finance Director)    ) today, from 13.00 to 15.15    01753 706 070
Guy Buswell (Managing Director, UK      ) 020-7444 4167                 0121 333 1111
Mail)

Bankside Consultants Limited
Ian Seaton                                                       020-7444 4157
Ian Payne                                                        020-7444 4168




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