John Gill appointed Group COO; Steve Trowbridge joins Board as Group CFO

The HSS Group announces the following changes to its Board of Directors.

John Gill, currently the Group Chief Financial Officer, will move to the new role of Group Chief Operating Officer, assuming responsibilities for the operating businesses within the Group.

Steve Trowbridge, currently Group Finance Director, will join the Board as Group Chief Financial Officer.

John and Steve will transition to their new roles over the following quarter. Steve’s appointment to the Board is immediate.

Chris Davies, Group CEO commented: “HSS Hire Group has grown solidly both organically and through our acquisitions of specialist businesses. These Board changes reflect the need to strengthen operational management and the Board as a consequence of increasing scale and complexity. John Gill has made a significant contribution to the progress of the Group during his tenure as CFO and is well positioned to take responsibility for our operating businesses. Similarly, Steve Trowbridge has guided the Group well as Finance Director and is ideally positioned to step up to the role of CFO and to join the Board.”

Further information
For further information about HSS Hire Group please visit: www.hsshiregroup.com.

If you would like to be added to our distribution list for announcements relating to the Group’s £200 million 6.75% Senior Secured Notes due 2019, please email: investors@hss.com.

Further enquiries:
Fiona McFadden, Head of PR, Founded

fiona.mcfadden@founded.com +44 (0)7786 736 706 / +44 (0)20 3747 3800

Robert Halls, Corporate Development Manager, HSS Hire
rhalls@hss.com / +44(0)7792 153 525

Notes to Editors:
HSS Hire Group provides tools, equipment and related services in the UK and Ireland through a nationwide network of over 250 locations. HSS was acquired by Exponent Private Equity in October 2012. For more information please see www.hsshiregroup.com.

Cautionary statement
The information contained in this release does not constitute investment, legal, accounting, regulatory, taxation or other advice and the information does not take into account your investment objectives or legal, accounting, regulatory, taxation or financial situation or particular needs. You are solely responsible for forming your own opinions and conclusions on such matters and the market and for making your own independent assessment of the information. Investors and prospective investors in the securities of any issuer within the HSS Group should make their own independent investigation and appraisal of the business and financial condition of such issuer and the nature of the securities. Any decision to purchase securities of the HSS Group or any issuer within the HSS Group should be made solely on the basis of your own evaluation of the merits, risks and suitability of such investment based on the information you have, including publicly available information about the HSS Group and its affiliates, without relying on the HSS Group or any other person or on this release.

The inclusion of financial information in this release or any related document should not be regarded as a representation or warranty by the HSS Group or any issuer within the HSS Group or any of their respective affiliates, advisors or representatives or any other person as to the accuracy or completeness of such information’s portrayal of the financial condition or results of operations by the HSS Group or any issuer within the HSS Group and should not be relied upon when making an investment decision. Certain statements in this announcement are forward-looking. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions which could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements contained in this announcement regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The HSS Group nor any issuer within the HSS Group undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement.