DX..L Regulatory News (DX.)

AIM: DX

DX (Group) plc

("DX" or "the Company")

Board Changes

DX, the leading independent parcels, mail and logistics network operator, is pleased to announce the appointment of Bob Holt, currently non-executive director, as chairman. Bob succeeds David Hoare who, after overseeing four and a half years of transformational change at DX, is stepping down from the board and the Company to pursue interests in the public and charitable sectors. In addition, DX is also pleased to report that Paul Murray has been appointed as a non-executive director. All three board changes take immediate effect. 

Bob is chairman of Mears Group PLC, the support services group focused on social housing and domiciliary care services, and non-executive chairman of Green Compliance plc and Inspired Energy Plc, the energy procurement and management company. He is also a director of a number of other businesses.

Paul David Murray, aged 57 years, has over twenty five years' senior level experience of the transport and logistics industry. Latterly he acted as an advisor to the board of City Link and was chairman of NetExpress Europe, the pan-European road express specialist which links leading companies in express, freight and logistics. Before that, he was for eight years chief executive of Target Express Parcels Ltd, the national express parcels and freight provider, and was managing director of the UK and Ireland operations of Federal Express for over ten years.

Petar Cvetkovic, Chief Executive Officer of DX, commented,

"On behalf of DX, I would like to thank David for his huge contribution to the business over the last four and a half years. Over that time, DX has undergone a period of significant and successful transformation, which he has overseen. We are also grateful that David completed the company's transition from the private to the public arena.

At the same time, I am delighted to welcome Bob Holt as chairman of the board. The company has benefited from his significant commercial and public market experience since he joined the board and I am confident that he will make an excellent successor to David.

I am also extremely pleased that Paul Murray is joining as a non-executive director of the Company. His significant experience of the sector further strengthens the board as we pursue our growth plans."

Additional information:

Paul Murray is not currently a director of any other companies. In the last five years, he has been a director of Michael Davies and Associates Limited.

Save as set out in this announcement there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Enquiries:

About DX

www.thedx.co.uk

Established in 1975 and based in Iver, Buckinghamshire, DX is a leading independent logistics and parcel distribution company. It operates throughout the UK and Ireland, delivering c. 170 million items a year. The company offers an unrivalled range of services, providing next day delivery services for mail, parcels and 2-Man deliveries to business and residential addresses. In particular, DX specialises in next day or scheduled delivery of time-sensitive, mission critical and high value items. Its customers are mainly commercial organisations but also include public sector companies and national and local governmental organisations.