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SMS/DX Confirm Merger
23 August 2006

We are pleased to announce that the offer made on 6 July 2006 which would combine DX Services with Secure Mail Services has been agreed by DX shareholders and has gone unconditional today.

Under the new ownership structure, James Greenbury, Chief Executive of Secure Mail Services, has become the Chief Executive of the new parent holding company, Mail Acquisitions Limited. James commented:

“This is great news for both businesses which, combined, will bring an exciting range of additional benefits to existing and new clients. These include:

• merging the strengths of the leading independent end-to-end operators in the UK postal market for both B2B and B2C

• improving the range and quality of service offering e.g. inter-branch services

• increasing the scale provides operational and financial stability

• an extended delivery network – Northern Ireland / Scotland

• contingency planning

• collection points for customers”

Paul Kehoe will continue in his role as Chief Executive of DX Services and Keith Eden (Chief Operating Officer) and David Miller (Sales & Marketing Director) will take responsibility for the day-to-day running of Secure Mail Services.


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