Seven Year Contract with News International

16 August 2012

John Menzies plc

Seven Year Contract with News International

Menzies Distribution, the newspaper and magazine wholesaling division of John Menzies plc, is today pleased to announce that it has successfully renegotiated contract terms with News International (NI), the largest newspaper publisher in the UK.

The new agreement will see Menzies expand its current footprint with NI to include the distribution of titles in Kent and Lancashire from 1 October 2012 and in Northern Ireland from 1 September 2013.

This significant contract renewal provides the division with a strong platform for the future development. NI's titles represent 34% of the total UK newspaper market and this contract secures some £158m of annual trade sales value through to 2019.

David McIntosh, Managing Director, Menzies Distribution said,

"I am very pleased that we have concluded negotiations with News International and that we will be expanding our relationship into new territories. This is a very significant contract renewal for the business and allows us to plan positively for the future."

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