1. Preliminary Results 2008 Jeremy Pilkington - Chairman Neil Stothard – Group Managing Director Mike Holt – Group Finance Director Vp plc - The Equipment Rental Specialist

2. Performance summary

3. Operational Review

4. Operational highlights Operating profits 41% up at a margin of 15.6% Excellent organic profit growth (82%) Strong capital investment - £43m on rental fleet 8 acquisitions - £11m Strong remediation demand in summer AMP4 buoyant Weak rail market International expansion

5. Strength through diversity Mix Construction39% Civil Engineering14% Rail11% Housebuilding10% Oil & Gas9% Facilities Management5% Events4% Transmission3% Other5% TOTAL100% Experience in 07/08Current Status/View Stable StrongStable WeakImproving StrongWeakening Strong WeakImproving Stable

6. Business performance

7. Investing for future growth Groundforce –Acquisition of ‘U’ Mole trenchless systems business –Expansion into Ireland including acquisition of USS and PTA –Acquisition of Redding Hire Hire Station –9 new locations for tools including acquisition of ET Hire and DJ Tool Hire –Development of ‘virtual hire’ concept –Growth of Climate Hire business and Arcotherm acquisition –Acquisition of NSS and Able safety businesses Airpac Bukom –International hub expansion and capital investment programme

8. Investing for future growth UK Forks –Fleet expansion (+13%) to meet growing demand in general construction and reducing reliance on housebuilding sector TPA –Development of MD40 lightweight roll out roadway –Further penetration /investment in Germany Torrent –Acquisition of First Engineering rail plant fleet with 3 year supply agreement

9. Investing for future growth Capital Expenditure

10. Growth strategy progressing well Continued organic growth –Significant net capital investment (2 x depreciation) –Increasing ‘share of wallet’ Complementary/bolt on acquisitions –New products (U-Mole) –New markets (Cool Customers, Arcotherm, NSS, PTA, USS) –Consolidations (ET Hire, DJ, Redding, Able, FEL) International expansion –Oil and gas hubs (Sharjah, Curaçao and Perth) –Ireland (Groundforce and Hire Station) –Germany (TPA)

11. Financial Review

12. Financial highlights

13. Earnings and dividend per share

14. Components of profit growth (39%)

15. Robust balance sheet

16. Strong cash flow and re-investment

17. Increased net debt but modest gearing

18. Quality returns Operating Margin (%)Return on Average Capital Employed (%) Earnings per share (pence)Dividend per share (pence) CAGR = 26% CAGR = 20%

19. Financial summary Pre tax profit growth +39% Operating margins 15.6% Operating cash flows +42%

20. Summary

21. Resilient business model Strong and growing market positions Diverse offering provides resilience to individual market fluctuations Adding value through products, services and operating efficiency Prior year initiatives and acquisitions provide continuing momentum Balance sheet strong - capacity as required Acquisitions will continue where value is identified Continued profitable growth despite challenges Current year has started well

22. Excellent business momentum and consistency Revenue (£m) Operating Profit (£m) CAGR = 15.6%CAGR = 26.8%

23. Shareholder return Vp Total Shareholder Return

24. Preliminary Results 2008 Vp plc - The Equipment Rental Specialist