ANNOUNCEMENT OF ACQUISITIONS

The Group announces that:
a) it has acquired the whole of the issued share capital of Hare Bulk Haulage Ltd from the Hare family and that Michael Hare will re-join D H Pearson as the Head of Operations, the role he relinquished to form Hare Bulk Haulage Ltd, thereby strengthening the Group Operational Management Team and
b) it has acquired the vehicle and trailer assets and all goodwill of WG & H Horsley partnership, a long established and respected conventional tipper based business operating 11 vehicles from York, into a new company, Horsley Bulk Transport Ltd, formed specifically to make this acquisition.