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Business Post Group (UKM)

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Tuesday 12 July, 2005

Business Post Group

AGM Statement

Business Post Group PLC
12 July 2005


                            BUSINESS POST GROUP PLC

                               AGM Trading Update

At the AGM today of Business Post, the UK's leading independent express delivery
company, the Chairman, Peter Kane, will state:

'In the first quarter of the financial year, to 30 June 2005, revenues in Parcel
Services were 9% ahead of last year, benefiting from continued strong growth in
HomeServe and the higher rates of growth in the International market for
cross-border shipments. Revenues in Express were ahead of last year but affected
by market conditions which continue to be challenging. Accordingly, a number of
initiatives have been undertaken to reduce costs.

Within Specialist Distribution Services, revenue growth was 15% and profit
margins continued to improve within UK Pallets.

UK Mail made further progress, trading ahead of expectations, increasing its
market share to around 1.25%, and successfully launching its service for
unsorted mail.

The Board continues to expect good progress in the current year, in line with
expectations.'

Site Visit

This afternoon, Business Post will be hosting a visit by investors and broker's
analysts to UK Mail's first sorting centre for unsorted mail, at Swindon. No
material new information will be disclosed during this visit.

Enquiries:

Business Post Group plc
Paul Carvell (Chief Executive)                                    0121-335 1111
Peter Fitzwilliam (Finance Director)                              01753-706 070

Bankside Consultants Limited
Charles Ponsonby                                  020-7367 8851 / 07789-202 312


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