25 July 2011

Speedy Hire PLC announces appointment of new Group Finance Director

Speedy Hire PLC "Speedy" is pleased to announce the appointment of Lynn Krige to the Board as Group Finance Director with effect from 1 September 2011.

Lynn was until recently Group Finance Director of John Laing plc (since 2007). Prior to this she held a number of roles during her 12 years at John Laing plc including that of Group Financial Controller. Lynn started her career at Deloitte in South Africa after qualifying as a Chartered Accountant.

Lynn will replace Justin Read, who has resigned from the position of Group Finance Director of the Company with effect from 26 August 2011. Justin leaves the Board with its thanks for his contribution at Speedy and its best wishes for the future. Owing to a long standing commitment Lynn will begin her salaried role on 1 October 2011, with Speedy's Financial Controller Ian Scapens assuming responsibility for all finance functions in the interim period.

Speedy confirms that there are no other disclosures to be made in respect of Lynn Krige, pursuant to paragraph 9.6.13 of the Listing Rules.

Commenting on the new appointment, Steve Corcoran, Chief Executive, said: "On behalf of the Company, I am delighted to welcome Lynn to the Board.  Her experience will be most valuable and we look forward to her input as the Company continues its growth.  I would like to thank Justin for all of his hard work and the contribution that he has made to Speedy.  I wish him success in his new role."

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 Notes to Editors:

Founded in 1977, Speedy is the leading UK provider of equipment rental and support services to a wide range of clients across the construction, infrastructure, industrial, manufacturing and facilities management sectors - as well as to local trades and industry.

Operating from over 300 fixed sites - together with a number of on-site facilities at client locations throughout the UK, Ireland and the Middle East - the Group supplies a range of services, including the provision for hire of:

·       small tools and equipment

·       surveying and measurement instrumentation

·       lifting and materials handling equipment

·       powered and non-powered low-level access equipment

·       compressed air

·       temporary power generation

·       mechanical pumps

·       temporary site communications

The Group also provides associated services through the provision of training, asset management and testing, repair, inspection and maintenance (TRIM), as well as offering advisory services in areas such as health and safety, environmental and regulatory compliance.

Website:  www.speedyhire.plc.uk