PRESS RELEASE BY MBD...

UK FLEET SERVICES MARKET RESEARCH REPORT

RELEASED: APRIL 2008

After researching the UK fleet services market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

MARKET REVIEW 2003-2007:

The fleet services market in the UK increased to £11.9 billion in 2007. This represents growth of 3% in the year and of 9% compared with the beginning of the review period. Prior to that, moderate growth had been recorded in every year between 2003 and 2006. The increase in 2007 partially reflects the introduction of the Corporate Manslaughter and Homicide Act 2007.

MARKET FORECAST 2008-2012:

The UK market for fleet services is projected to grow year-on-year over the forecast period to a peak of £12.96 billion (at 2007 prices), equivalent to an overall real term increase of 9% compared with 2007. Moderate real term growth of 1% is expected in both 2008 and 2009, partly reflecting a predicted slowdown in economic growth.

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