TIDMVP. 
 
Press Release         12 August 2010 
 
 
                                     Vp plc 
 
                                ("Vp" or "the Group") 
 
                          Interim Management Statement 
 
Vp  plc, the equipment  rental specialist, today  provides an update on business 
performance  for the period since the announcement  of its Final Results on 8th 
June 2010. 
 
As  anticipated, Vp has experienced a period of stability in its markets and the 
pattern of demand has been largely as expected. 
 
The  Group has seen some areas of improvement with the business benefitting from 
a  tentative recovery in  house building and  a modest uplift  in rail activity. 
 Whilst infrastructure markets have generally held up well, as expected the AMP5 
water  programme has  been slow  to start.   General contracting  related demand 
remains  stable but with few  signs of growth.  The  Group's oil and gas related 
activities  have experienced a slower than  expected first quarter due to delays 
on  certain projects, but  these are now  underway and we  remain confident that 
this market will continue to offer good prospects going forward. 
 
We  have maintained our focus on cash  conservation and whilst investment in the 
business  has continued  in support  of secured  opportunities, we expect to see 
borrowings  reduced further in the current  financial year.  As announced at the 
time of the Final Results, new banking lines have been agreed and were finalised 
in July. 
 
Whilst  we  anticipate  further  challenges  ahead, particularly in construction 
related markets, the trading outlook for the year remains unchanged. 
 
                                    - Ends - 
 
 
 
 
 
 
 
Enquiries: 
 
 Vp plc 
 
 Jeremy Pilkington, Chairman              Tel: +44 (0) 1423 533 405 
 
 jeremypilkington@vpplc.com 
 
 Neil Stothard, Group Managing Director   Tel: +44 (0) 1423 533 445 
 
 neil.stothard@vpplc.com 
 
 Mike Holt, Group Finance Director        Tel: +44 (0) 1423 533 445 
 
 mike.holt@vpplc.com                                  www.vpplc.com 
 
 
Media enquiries: 
 Abchurch Communications 
 
 Mark Dixon / Claire Dickinson   Tel: +44 (0) 20 7398 7729 
 
 mark.dixon@abchurch-group.com      www.abchurch-group.com 
 
 
Notes to editors: 
 
 
About Vp 
The main activity of the Group is equipment rental and associated services 
principally conducted within the UK.  Vp plc listed on the London Stock Exchange 
in 1973. 
 
The Group is focused on six businesses: 
 
Airpac Bukom Oilfield Services 
Equipment and service providers to the international oil and gas exploration and 
development markets. 
 
Groundforce 
Excavation  support  systems  and  specialist  products  for  the  water,  civil 
engineering and construction industries. 
 
Hire Station 
Tools and specialist products for industry, construction and home owners. 
 
Torrent Trackside 
Infrastructure  equipment and services for  the railway renewals and maintenance 
industry. 
 
TPA 
Portable  roadway systems,  bridging, fencing  and barriers  primarily to the UK 
market, but also in the Republic of Ireland and mainland Europe. 
 
UK Forks 
Rough  terrain material handling equipment for industry, residential and general 
construction. 
 
Further information can be found at www.vpplc.com 
 
 
 
[HUG#1437298] 
 
 
 
 
 
 
 
 
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Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
All reproduction for further distribution is prohibited. 
 
Source: Vp PLC via Thomson Reuters ONE
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