Company Profile For Lavendon Group PLC

Lavendon Group plc is engaged in the rental of powered access equipment. Powered access equipment is used to provide temporary aerial access for people in a range of applications, such as industrial repair and maintenance, construction, telecommunications, outside broadcasting, sign erection and highway maintenance. The Company rentals the self-propelled booms and scissor lifts. The Company operates a fleet of approximately 24,500 machines from a network of 115 depots in the Belgium, France, Germany, Spain, the UK and the Middle East. On 1 April 2008, the Company completed the acquisition of The Platform Company (Holdings) Limited (The Platform Company).

BRIEF: For the fiscal year ended 31 December 2008, Lavendon Group plc's revenues increased 34% to £248.4M. Net income increased 15% to £17.4M. Revenues reflect higher sales generated from the United Kingdom, Spain, Germany, Middle East & Belgium. Net income was partially offset by increased cost of sales, higher operating expenses before exceptional expenses, increased exceptional operating expenses and decreased interest receivable.