DX Group

("DX" or "the Group")

New depot opening in Ipswich

DX, a leading provider of delivery solutions, including parcel freight, secure courier, 2-person and logistics services, is pleased to announce the opening of a new depot in Ipswich. The opening significantly increases the Group's capacity in the region and continues the DX programme to expand and develop its depot network.

The new site is located on Foxtail Road, Ransomes Europark and comprises a 21,125 sq ft facility. It is the latest addition to the Group's Parcels network, part of the DX Express division, which provides highly secure, tracked deliveries to both business and consumer addresses. The new depot replaces a smaller DX Express depot and will improve operational efficiencies, reduce carbon emissions and enhance customer service levels, a key focus for the Group.

Paul Ibbetson, Chief Executive Officer of DX Group, commented:

"We are pleased to open this new DX Express depot in Ipswich as part of our continued investment in the business. The new depot will enhance our position in Suffolk, increasing the capacity and capability of our Parcels operation. It will deliver further efficiencies to our operations and provide enhanced local customer service benefits, a priority for the Group.

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"Enlarging and improving the depot network underpins the continued successful delivery of our growth plans over the short to medium term, and we look forward to reporting on further openings over the forthcoming months."

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About DX Group:

DX is a well-established provider of a wide range of delivery services to both business and residential addresses across the UK and Ireland. First established in 1975 as a Document Exchange service to the legal sector, DX now provides one of the widest ranges of overnight delivery services in the market, as well as logistics services. Items that DX transports range from confidential documents and valuable packages to large, awkward-to-handle freight, unsuitable for automated conveyor.

The Group operates through two divisions, DX Freight and DX Express.

·    DX Freight comprises DX-1, DX-2 and Logistics, with the Division being only one of a small number of operators that provides an overnight delivery service for irregular dimension and weight freight ("IDW").

·    DX Express comprises DX Parcels and DX Exchange and Mail, with the Division specialising in the express delivery, including pre-9am, of parcels and documents.