10 August 2016

Speedy Hire plc

("Speedy" or the "Company")

Re: Statement by Toscafund

The Board notes the statement released today by Toscafund.

Speedy will post a circular to shareholders on 12 August 2016 including the Board's full response, and convening a General Meeting for 9 September 2016.

Enquiries:

Instinctif Partners                                                                                           Tel: 020 7457 2020

Mark Garraway

Helen Tarbet