CLG.L Regulatory News (CLG)

Clipper Logistics plc

("Clipper" or "the Company")

Clipper signs new Contract with British American Tobacco UK Limited

Clipper Logistics plc ("Clipper", "the Group" or "the "Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has entered into a new contract with British American Tobacco UK Limited ("BAT").

The new 4 year contract will extend through to the end of 2020.

Clipper is a leading provider of consultancy-led, innovative logistics services, focussing on the retail sector. In addition to warehousing, distribution and associated services, it is a market leader in the provision of e-fulfilment and returns management services.

Under the new agreement, which also includes e-commerce support for Vype, BAT's leading vapour business, Clipper will be providing a full UK logistics operation inclusive of all warehouse operations in the UK and delivery to all BAT Customers in the UK using a mixture of dedicated and shared user vehicles from its various distribution centres.

Steve Parkin, Executive Chairman of Clipper, said:

"We are delighted to have been selected for this significant contract with BAT. This builds on the existing 25 year relationship the two businesses have had and the new contract win and extension of coverage to the whole of the UK is a testament to our approach to proactively building client relationships and delivering solutions for customers".

About Clipper

Founded by Steve Parkin in 1992, Clipper is amongst the leading providers of value- added logistics solutions and e-fulfilment to the retail sector in the United Kingdom, with an expanding business in Germany and employs nearly 3,000 people. The Group provides consultancy-led services within the online fashion and general merchandise sectors to its blue-chip client base including Zara, Harvey Nichols, ASOS, The John Lewis Partnership, Asda, Supergroup, Morrisons, New Look and Sainsbury's.